I have an accepted offer for a bank short sale in the SW suburbs of Chicago. When I initially made the offer I put in the financing conditions based on my pre approval. Which is with a 25% down payment. While I was wa...
I'm in the process of negotiating an offer on a SFR.Offer = 145k. This is buy and hold for me; but I'm guessing the ARV is about ~160k after a little paint, and landscaping. This isn't fantastic deal, but it fits my m...
I know everyone is all big on the "fake it till ya make it" and "hustle hard" mentality. As someone who bootstrapped a business from nothing to over $200M in sales I can respect the hustle. But I've got to set some of...
I just placed my first accepted bid on an online auctioned foreclosed house. At the close of the auction, I was the highest bidder at $59,900 for a 3bd/1ba in SE Wisconsin. But I have not even received my pre-approved...
I am trying to make an offer on a triplex, however, I need a pre-approval letter to make the offer? Is this typical?
I am having issues with my DTI, as I have a seasonal rental already, on top of our primary reside...
What financial institution do you recommend to get a pre-approval? Financial companies, banks, credit unions, etc?
We are wanting to look at a couple places in Florida next week. We asked to see two properties and the realtor wants us to pre- qualify before she will show those to us. It seems that lately when we ask to look, we ar...
Newbie here! and ready to “Professionalize” a bit - I’ve purchased a few properties over the past few years in my personal name. I want to make the next purchase - a 2 - 4 door property in Texas - in my LLC’s name (al...
How do I get a property under contract without having proof of funds? My hard money lender told me that I have to submit a contract to them first before they can approve the loan, however the seller wants to know that...