So I just recently formed an LLC and would like to know how much I can borrow. When getting pre-approved, do you have to do it personally or can you go through your LLC? Or should it be done with private/money lenders...
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I have read that hard money lenders need a conventional mortgage pre-approval before lending. What are some questions I need to ask local banks that they need for pre-approval letter (i.e. how long does the renter ne...
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Hey everyone, I’m having difficulties understanding the lending side. I’m trying to house hack and would love to purchase 1 a year to grow. I found a property and closed on it. I plan to fixed it up while staying th...
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What do you do when a pre approval letter is required by the realtor but you’re using hard money?
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Hi all,
I’m new to real estate and trying to learn the ropes! Should I get a pre approval letter before I find a property? If so, how does that work? I wouldn’t have any data to prove that I’ve found a worthwhile inv...
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Hi all, I am Nathalie from North Carolina, I'm a newbie in Real Estate investing in Raleigh, Research Triangle Park area. I'm interested in BRRRR strategy to accumulate rental property.I know one of the first steps is...
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I was hoping to get some input from anyone who has done financing through Quicken Loans.It's somewhat interesting (I think) the way I got into contact with them. I was reading a blog post written by a BiggerPockets me...
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I'm currently educating myself on the aspects of RE I want to pursue but I just want to throw this question out to Moore seasoned investors.
Does pursuing pre approval for mortgages put a hit on your credit?
I have g...
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So, I received my pre-approval for an FHA loan this morning. It isn't much, but it's a start. Now my real estate agent and I are on the hunt for properties. I know i still have a long way to go. This is my first big s...
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Hello everyone,Planning to start shopping for my first property in February 2020 and I had a question about lender/mortgage approvals.Long story short, I took out personal loan of $7,000 in July to cover some unforese...