6 May 2014 | 18 replies
Typically when you have this many changes on a purchase contract there is an issue with the buyers qualification.
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19 February 2015 | 45 replies
Some cases show 2 years as investment qualification.
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3 March 2015 | 10 replies
While they may not qualify initially the contract can be used for qualification so long as qualifying ratios aren't over 50%.
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5 September 2016 | 46 replies
I think someone might have come right out and called me a fraud (or worse) now that I think of it - and they were more right than wrong to do so.Since this deal is dead, the thing to do moving forward is to get a pre-qualification letter from your friendly neighborhood lender (which should usually match the amount of the offer you're going to make on the property.)
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20 January 2018 | 65 replies
You do not meet the qualifications".
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7 March 2023 | 3 replies
The hiring of a lawyer is an important decision and you should carefully evaluate the education, qualifications and experience of a lawyer before engaging him/her/their services.
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14 June 2023 | 29 replies
I specially use 2 ratios for income qualification similar to mortgage qualification.
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11 August 2022 | 8 replies
That company most likely needs to have certain qualifications/certifications that says they know how to do what they say they do.
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16 December 2020 | 15 replies
Also find out how much rent they will allow as contribution to the monthly payment qualification....let's say you buy a 4plex...each unit rents for $1000/month...so 3 of the units are $3000/month, they may want those tenants to have 6 months of rental history or only give you 75% of the $3000 in your qualifications.
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8 September 2021 | 4 replies
Some lenders will not lend on rural residences depending on their location, so keep that in mind and don't let a lender string you along for 30 days only to find that out at the end...An SBA loan is also a possibility depending on farm type, your qualifications, and the price.