Joseph Fenner
Looking for the best financing for my first rental property.
I’m looking to invest in my first long-term rental property using the BRRRR method but I am trying to find the best financing options for me. I was originally looking at conventional loans from banks but after researc...
Rajindra Ramnauth
Credit scores
Hello, I'm looking into mortgage brokers, does it effect my credit score, when I apply for home loans?
Ty Wesley
"pre-screened" offers???
Hey again BP members,
Can someone tell me if the prescreened (or pre-approved) credit offers that come in the mail affect your credit score? I've learned from reading this forum that credit inquiries and credit check...
Jordan L.
Can you get more than one prequalification letter for a loan
Can you get more than one prequalification letter for a loan from a lender? How do you shop around for a good lender for a prequalification letter. I want to work with someone that will explain to me all the detai...
Jerry Padilla
Getting a Pre - Approval Is Important Prior To Searching.
Pre-approvals are important as a pre-approval letter
- Gives you a stronger offer
- Shows that you are serious and qualified for a mortgage to purchase the property of interest
- A pre-approval wi...
Tim Woosley
Borrowing money. What order should I tackle each of these steps?
I plan on getting pre-approved for a loan for a multifamily rental purchase. I also want to open a line of credit in case of an emergency (since I don't have a lot of capital yet.) I also would like to refinance my ho...
Luke Davis
Shopping for Lenders
I was reading a little bit about shopping for loans, and I was wondering if anyone had any tips on looking for lenders who can lend you the loan that you want, on your terms, without having to actually apply for a loa...
Art Maydan
Credit Run Buy Unknown Sources Multiple Times
My lender sent me an inquiries form that lists everyone who's run my credit this year. Two of the companies are the other lenders I was talking to before going with this one, but a few run my credit multiple times and...
Vik Ari
newbie - investment loan question
Are all 30 yr fixed investment loans, 1% higher than residential loans? Is there a way to get a good mortgage deal on an rental property? Are there ways to shop or certain lenders to contact?
where can I get a good r...
Sandhya Gorman
too many inquiries- bad credit rating?
Hi,I am considering several locations (over 10) to invest in my next rental property. As such, I'm contacting mortgage brokers and filling out loan applications to get pre-approval letters. Will this impact my cred...