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24 October 2024 | 16 replies
Conventional versus non-qm products have similar pricing, but restrictions on DTI and capped number of properties will limit how far one can go using conventional.We currently have no debt, excellent credit and are pre-approved for a conventional mortgage on the first property.
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23 October 2024 | 7 replies
Get pre-approved for a loan and budget for potential repairs.
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16 October 2024 | 1 reply
Has anyone denied an application that they've already approved?
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22 October 2024 | 1 reply
The project seeks zoning approval to build over 59 million square feet of space dedicated to quantum research, offices, and cryogenic facilities.This ambitious project dubbed the Illinois Quantum and Microelectronics Park, is backed by both state and federal agencies.
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22 October 2024 | 1 reply
We viewed it completely differently.I ended up demolishing the house, went to city council got approval to subdivide the vacant land into two building lots, then flipped both building lots off to a builder.
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23 October 2024 | 10 replies
Financial FeasibilityBudget & Financing: Know how much you can afford, and get pre-approved for a mortgage.
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21 October 2024 | 17 replies
Bottom line: If you are willing to allow pets, then have your agent put that in the description, many renters have pets. you can still say "Lessor Approval".
21 October 2024 | 9 replies
The loan approval is based on the property’s rental income covering the mortgage—making it easier for investors without traditional income streams to qualify.LLC Protection: Many DSCR lenders allow you to hold the property in an LLC.
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22 October 2024 | 3 replies
Are there lenderss that WILL escrow the taxes and approve the heloc?
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22 October 2024 | 10 replies
First-time investors should start with their goals, get pre-approved, network with locals, and maximize learning in forums by asking questions, searching for similar markets, and engaging with members.