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10 September 2021 | 11 replies
Hello,My property manager notified me that tenants are requesting approval for a new pet rabbit in the house.
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12 September 2021 | 4 replies
I actually had this come up with a client of mine who was literally doing the same thing you are - I, wanting to fully disclose to the lender told them the situation, and the head u/wer on the file told me to run it as primary b/c it's on them to approve the loan as it is, not as what it's going to be, even as they knew/know the situation.
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7 November 2021 | 4 replies
@Basit SiddiqiWell I did end up finding on lender who approved me for 175k.But I was actually looking for lenders.I have also shifted away from turnkey providers. not entirely, but I feel after reading David Greene's book out of state investing I have lots of options and don't just need turnkey.
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12 September 2021 | 1 reply
I've went through a pre-approval from different lenders and it looks like I'm eligible to purchase up to 760-780k depending on the property that I buy.My gross income is about 119k / FICO 750-770 / paying student loan $560/moI'm looking for an advice to purchase a property in Bergen County, NJ - specifically leaning into Fort Lee & surrounding areas.I prefer to purchase a multifamily property but it looks like my purchasing power is a bit out of a reach in Fort Lee.I'm also starting to learn that Fort Lee is not a good rental investment area with my purchasing power.My main intention is to get somebody to live with me so it lowers my monthly payment, rather than creating a massive cash flow or return ATM.So I'm also open to buy a single family house that can have a solid layout for a room or basement rent.The fact of the matter is, I'm really not sure about the housing market in Bergen County and NJ in general so please give me a tip/info/advice!
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18 September 2021 | 12 replies
Have you received any approval or conditions that need to be met by the lender?
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13 September 2021 | 8 replies
Lets take a look at the property, please PM me the address and I can help determine if it is FHA approved.
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19 September 2021 | 10 replies
Everything will have to go through her - the deal, the partner, the tenants - for final approval.
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13 September 2021 | 0 replies
Multi-family buildings or investment homes have multiple units that can easily be rented out providing passive income to the owner of the property.If you are a real estate investor hoping to buy a multi-family property, the quick approval process (21-35 Days) of a NO-DOC Mult-family loan is perfect for real estate investing.
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12 October 2021 | 3 replies
A member or a member's legal representative has the power to sell, assign or exchange such member's membership interest only with the majority approval of the other members".
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13 September 2021 | 0 replies
Is that getting me closer to the approval stage?