Cedric Brenneman
Getting pre-approved for a loan
Hello all,I am currently looking to get pre-approved for a loan to buy a single family house so that I can live in one room and rent out the others to help pay off the mortage and eliminate my living expenses. I have ...
Chris Breezy
I'm gonna do a house hack. What's my first move
Should I get approved for a fha or should I find a property first
James G.
Making an Offer with Private Lender Financing - South Florida - Palm Beach
I have several private lenders ready to provide capital for my flipping business. My question is regarding submitting an offer to purchase a listed on the MLS. Most sellers want either a proof of funds (cash in my acc...
Jason Eyerly
A Couple HUD Q's...
Can you use a hard money loan to obtain a HUD home that has been opened up to not just owner occupants, but anyone willing to bid? Also, are you allowed to go through with the listing agent to view the property and...
Ryan C.
Have the down payment - should I get pre-approved?
I have analyzed a bunch of deals now, and now I will be ready to make my first purchase in the next 6 months when I see something that fits what I am looking for.
When I have the down payment, should I reach out to ...
Jessie Creighton
I'm confused on how this hard money lender thing works?
Hi all, I'm looking to find my first flip in windham Maine area, and found a great agent. I need to have financing lined up before making any offers I'm told, but it was my understanding that hard lenders need the dea...
Veronica Boswell
The chicken or the egg...what comes first??
Hello everyone, I'm new to the real estate business and would like to make offer on our 1st fix and flip. But I have a total newbie question...do u make offer first or acquire hard money lender first? I would assume a...
Des Shei
It's a numbers game- two offers submitted this weekend
1st offer-
Style- 2fam, 2bd/1ba each unit, 950sq.ft each
ARV- 185
List price- 104(REO)
Offer- 80K
repairs- 15K
Strategy- live in one, rent the other @ 1050/mo( below area average by $50)
2nd offer
Style- half duplex,...
Bevan Daniels
How far in advance to prepare for a primary residence purchase
I live in Seattle and my lease is up 31 Oct 2021. I would have saved enough for a 20% down payment by then and as rents are extensive in my area, I am better off with a mortgage.I need advice on a timeline for prepari...
Matthew Roberts
Out of State Investing
I'm starting out and want to do a deal outside of my area (San Diego). Are there banks that will offer mortgages outside of the current state you live in? I'm not sure how the pre-approval process works with investing...