Lisa Albright
LLC not approve before my purchase
Hello, thanks in advance for any and all advice.If I buy a Mulitfamily (2) and pay cash and my LLC is not approved yet, is it easy and is there a large cost associated with the process of putting the property into the...
Ashley Cast
Question: Short Sale wants Bank Statements Before Approval
Hello Biggerpockets,I have a question.I submitted an offer on a Short Sale property. Now the bank wants bank statements before they approve the deal. I sent in my Hard Money Lender's Approval Letter but they still wan...
JD Causse
Commercial loan for multi Property?
I have an offer for doing a commercial loan on my first multi property sixplex!
As I was working on it, I started to wonder... « what will the typical lender expect from my numbers before approving me in terms of cap...
Michael L.
Potential Scenario Question
Hello!I have a question when it comes to finance and primary residence. Can I keep my current mortgage obligation (FHA, 30 yr) for my primary residence IF I decide to move to a new house and rent my primary out? Keep ...
Account Closed
Ensuring Refinance Will Get Approved BEFORE Rennovation
Hi everyone,So I bought a 4 bed 2 bath house in June 2018, now it's December 2018 in the city of Pittsburgh, Pennsylvania (Mt. Washington). The place isn't in that bad of shape moving in so I decided to turn key the p...
Roshely Parker
Can I start wholesaling before LLC approval?
I applied for a LLC last week and waiting on approval. I am eager to start driving for dollars start placing offers (wholesaling)...am I able get started before approval?
Kimberly Gordon
Renting to buyers before short sale approves?
I listed my home for sale at reduced price in hopes of EMC mortgage co. accepting the reduced price. Now the interested buyer wants to know if- once they put the contract down- we would rent to them until the short ...
Zachary Freeman
Purchase Property before Subdivision Approval - Assessing Risk
I am interested in a large R1 lot in Torrance, CA. The property is zoned R1. It has 1 1400 sq ft home and 1 700 sq ft home. The status is legal non conforming. Lot size is 17.4k sq ft; average R1 lot size is 5k-6k sq ...
Mike Muniz
Getting a hard money lender to approve a loan.
I've been asking questions and getting much appreciated help,thanks for the love you guys!!Now I recently asked if I should get pre-approved before making an offer to an agent on a property for a flip? I'm mostly gett...
Byron W.
How long should I accept applications before approving someone?
I'm wondering how long I should leave my ad open and accepting applications before I make a final decision? If the first applicant for example, meets all of the criteria but I want to continue collecting applications ...