They typically want earnest money as well as pre approval or proof of funds.I've heard of people leaving money on deposit with the agent.

To start, get pre-approved for a loan, search for multi-family homes, plan commute, consider property taxes, leverage healthcare income, and build a local network.Good luck!

HUD will only approve market rent and rent the tenant can afford which can be a limiting factor for you.  

When a lender understands your investing goals and strategy, it often leads to smoother transactions, faster approvals, and even better terms. 

@Cindy Joseph if you had hired us and this person contacted us for your property we would not approve them.

I already know that a change in zoning can directly impact the value of a property, but I'm looking for more than personal knowledge.BACKGROUND: I have a client involved in a zoning dispute with Planning and Zoning.The property was approved for commercial use 15 years ago, so the owner built some storage units on part of the land.

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.

Get pre-approved for a loan and budget for potential repairs.

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.

Financial FeasibilityBudget & Financing: Know how much you can afford, and get pre-approved for a mortgage.