You won't know what you qualify for until you meet with your lender.Nothing motivates an agent more than finding a pre-approved (or at least pre-qualified) lead.

Only let them choose from an approved set of finishes/colors, so that if the deal falls through, the choices are neutral enough (or good enough) for future buyers; 2.

We just closed on our 6th single family & moving at a good pace.The problem is that 5 of those homes are in my best friends name, the other in mine thanks to my Mom cosigning, because I couldn't get pre approval until this year (hopefully) which increases his liability/risk.

Hi Ibrahim,FEMA's Flood program is in the process of being overhauled in order to achieve better financial stability.

You also should find out if the tenant is apart of a housing program.

I have a question i own a property free and clear(no mortgage) that im trying to flip, but i cant purchase my next property (which i want to rent) untill i flip my first one. .I've been pre approved from lender but my money is tied up.

Also, let your inspection be 5 days or less, and from seller acceptance, not bank approval.

Perhaps that particular bank can't do a 2 unit home on a 1 unit lot(R1) on their portfolio program.

We don't have a lot of money to put down, so our monthly payments will be $1300-1320 for mortgage, property tax, and all necessary insurance programs.

What I mean by that, is that I inquired with quite a few local banks what loan programs, rates, rules (overlays), etc they had in preparation for me buying several more rental houses around the beginning of last year.I really liked what Union Bank had to offer because they were a portfolio lender and could be more flexible with the number of loans allowed.