My tenant has been telling me that her application has been approved. She said she doesn’t know how long before they pay. I have called and all I get is the application has been approved. How long does application sta...
I am currently under contract for a 4 bedroom 3 bath home in Columbia Heights that I plan to live in for a year with roommates and then look for HCVP voucher holders to rent the entire home in the 2nd year. When runni...
When you're looking to buy a place, agents typically won't show you homes without a lending pre-approval (or proof of cash funds). In some cases, as an experienced investor, you're kind of looking but being patient un...
Hello! I am a new future investor and am currently gathering funds, and as much knowledge as I can!The answer to this question may be obvious, but this is all new to me.Does getting pre-approved for financing by a ban...
Purchasing my 2nd investment property and I financed with the bank. Were almost at the finish line and bank hits us with we need to see funds for downpayment in your account and it needs to show that's it's been there...
Hey BP,I’m hoping someone can help me answer this question. My goal is to get approval for a loan to get a house in the Bay Area. I would be a first time home buyer & I understand I can get one now, but my belief ...
Has anyone experienced longer than usual approval times for new section 8 tenants? Caseworkers were rarely responsive in my state before.
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?
I am working with buyers on a short sale and they have an accepted offer with the seller and the short sale negotiator informed us that bank accepted offer as well. Short sale negotiator office was suppose to send buy...
Hi Everyone,I am purchasing an investment property in Vermont and the listed price is $79,000. I analyzed the deal and want to offer $70,000. I am pre-approved for $85000. Should I have the pre-approval letter list $7...