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9 May 2020 | 13 replies
My opinion: The only way working as an appraiser will give you more knowledge for your flipping business is if you target appraisal companies that work for lenders that specialize in construction loans and use appraisers/inspectors to inspect & approve work for a borrower to receive the next draw.
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6 May 2020 | 1 reply
My tenant wants to purchase my home. Purchase price 335k. Only qualifies for 280k with bank. What options do I have? Can I seller finance the other 35k with a second mortgage?
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21 June 2020 | 6 replies
Ask specifically if they will count your rental income and what DTI they'll need to see to approve a new loan.Commercial lenders will absolutely require 20-25% down.
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7 May 2020 | 2 replies
I recently filled out the NAID application and was approved.
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6 May 2020 | 4 replies
The agent that told you that is correct, however commission is negotiable, you can offer them a lower rate to list a property or use it as a negotiating tool in their next purchase assuming your broker approves, also it incentivizes them to use you again for their next purchase.
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7 May 2020 | 6 replies
I do condo conversions as a consultant here in CA, and in our case the project is approved at the local level and could not be approved.
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7 May 2020 | 3 replies
I was recently pre-approved for an FHA loan and I am actively searching for great deals and attending showings with my real estate agent.
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6 May 2020 | 0 replies
If tenant has foodstamp dcf payments are they consistent and how long are they approved for?
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9 May 2020 | 13 replies
I have qualified for an FHA loan pre approved for $250000.