Getting a good stable job is the first thing mortgage broker consider before getting you pre-approved.

Respond to all their requests as quickly and completely as possible, this is key to having the best chance at getting the loan approved.

I personally would try to close before june and have her get pre approval and start looking now

Looking at an single story 8-plex building and the numbers work, but there are a few items that bothered me.All eight units (1/1) are currently occupied, tenants are either on month to month leases or no lease at all, but they all pay on time (according to seller).It's an approved short sale, owner is the broker, and is saying tenants are getting a bit impatient with frequent visits from buyers, he wants the buyers to waive the inspection contingency, which I have no problem doing if I can see ALL the units at my own pace and make sure I know what I am up against repair wise.There are a series of buildings in a row and the tenants all seem to know each other.When I went to see the building, the owner/broker told me someone would meet me there, a Maria.

The city has already approved having 3 other SFRs on the property... probably won't do this though.

In that circumstance, you get approved based on your personal situation maybe once.

DTI's are going down to 43% 1/10/14, unless you get a DU approval for more.

I am guessing they didn't approve what they were going to build.

If all goes well, the regional building guys can come out on Monday to approve the repairs and then the gas company turn the gas back on.

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