Is there a way to get a bank approval with variable income without a long (2 year) work history?
Hi, can anyone tell me how long after their status said APPROVED they or their landlord actually received funds? All I see on here are tons of responses without a direct answer. Please just how many days from status ...
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...
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...
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...
What do you do when a pre approval letter is required by the realtor but you’re using hard money?
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...
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...
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...
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...