How does everyone review/approve tenant applications? Is it more acceptable to approve on a first come first serve basis, or wait for several applications and pick the most qualified? Also, does everyone call each ap...
Hey everyone. I am seriously considering MH's to get me started on my investing career. I want to know a couple of things.
1. Is it a good idea to talk to the community managers to let them know that you do not ...
While many here are experienced investors and probably know a lot of this I am hoping some of this basic information will help new investors get off to a better start when seeking funding.Personal Information Always h...
Hi,I need some help in knowing how Long my Pre-Approval will be good for to the Lender(s) that approve me for a Loan , from the day I get Pre-Approved.Is it good for 30 days ? 60 days ? 90 days ?Thanks so much
**I just posted this in the Mortgage Forum but then realized the Starting Out section may be better**Hello All,Recently graduated college and looking to kick off my real estate investing career. I am trying to figure ...
Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...
I am wondering, if I have a mortgage for the home I live in, will I get approved for a loan for a rental property with my current income? What about the debt to income? Do they consider average rental income?
Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got approved for a tad more than I had expected. Here's the problem though. I had researched loans and re...
What's the quickest way to get pre-approval letter & Which lenders are easiest to get pre-approval from? What do you recommend if you have no $$ or credit?
Hey fellow BP.I found a duplex in Brooklyn NY, I will go see the property tomorrow with the broker. however , they all keep asking me for a pre approval status.The house is listed for $420k, I plan to put down $150k ....