New to investing, I found a town home I liked which will fit perfect in my portfolio. The listing price was 205, I offered 200 and it got approved. This is essentially a turn key unit. On a second look at comps in the...
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So I've been looking at properties and I'm ready to start shopping for lenders. Any advice on who or where to look. Should I just Google commercial lenders, call the big guys (BOA, Wells Fargo, etc.) or go to my local...
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I plan on purchasing my first home within the next 9-12 months, so when is a good time to get a loan pre-approval? If I get a pre-approval in one month, is it too soon? I want to start the house-buying process early, ...
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Hey I just got approved from a Hard Money lender in Georgia. I have called over 15 realtors. They are no help. Im guessing they are doing the same thing The minimum I can buy the house is 75k. Does anyone have any sug...
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Hello,I'm looking to buy a seller carry deal. I'm looking on and off market. I spoke with a broker today and they said when I put an offer in, I still need to have a "pre-approval" letter from a lender to the seller. ...
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Looking at purchasing an investment property in the under 60K range. Excellent credit and looking at put 20% down. However, most banks are not interested in offering me loans. I'm confused.
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Hello Everyone,Can a bank approve a short sale LESS THAN offered price?Is it mandatory, for the listing agent or seller negotiator to submit the purchase agreement to the lien holder bank? In other words, does bank ne...
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I have been trying for the past year to figure out what kind of REI to get into and I have finally decided that since I don't have a lot of cash, I should wholesale properties. However, as I look at the properties an...
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So i have gotten a bit of a pre-approval from CapitalOne Home Loans but it's for $26000 @ 3.125% 15yrs. So I know if i found a property at that level they will fund me. My question to the community are manifold but to...
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Hello Real Estate Agents and those that ought to be!
If you don't have inhouse financing, and want to make sure that your borrowers are ABLE, I provide a free service for real estate agents and investors.
Have them ...