Hello BP Community,I applied for a pre-qual with a Credit Union six (6) days ago...as of today they do not know when they will be able to provide me with the letter.I need it to submit some offers/bids.

Buying a multi family in Union City with 2 tenants inside.

Speak with your banks and credit unions and see what they are able to pre-approve.

It really depends on what company is financing you.If you are trying to use a conventional loan from a major bank or credit union,they will probably say No.If you are using a private lender at a higher interest rate for the first year or two until you can refinance,then the answer is yes.Also,your final purchase price needs to take into account the entire cost of rehabilitation of both properties to see if you should buy them or move on to other properties in better condition.

You might find a small bank or credit union that would do the loan.

He's advertising his credit union would be able to do that.

Hello to everyone,My agent offered me to buy a house in Union Station Dr, Calera, AL 35040.

I'd recommend small local banks or credit unions in your area as they should have more flexibility on the DTI.Good luck,Tom

Originally, I was going to get a loan for $350k from my credit union and give Dad $100k that I have saved up.

HI everyone, I know its been awhile but been jumping through hoops for my credit union.