Vonetta Booker
Mandatory Caliber Home Loans pre-qual?
On the MLS in my area of CT, I've seen several REO listings that state that in order to make an offer, the buyer must get prequalified through Caliber Home Loans. We already have a prequal letter from another lender,...
Emmanuel Cano
beginner in investment
good afternoon, I have a question, I received a pre-foreclosure notification from beggerpockets and that property is 5 minutes from my house, what could be my approach to this opportunity? I don't know how accurate th...
Tevin Swain
Transactional Funding and proof of Funds
Good evening everyone I am very interested in making a few offers on HUD properties and REO properties. I have a few questions and hopefully someone can help me. Thank you for your time.#1 If i am making and all cash ...
Andrew L.
How do you shop for mortgage?
As the title implies, I am new to real estate and just last week, I called out a couple of mortgage brokers to see what kind of mortgage and rate I could qualify for. I wanted to do this without incurring a credit pul...
Cameron Dirck
Confidence in Making Multiple Offers
Hi BP Nation!I am a newbie investor so please bear with me as some of you may laugh at my questions.I was wondering what gives the average investor confidence in making so Many offers on deals? Obviously financial bac...
Rohit Kochar
Should I use home owners preferred lender
Hello guys,So this I just looked at this property and I am really interested and willing to buy it. Now, my the owner wants me to only go through her lender. I really do not know the reason but that's what my real es...
Cesar Figueroa
Submitting offers using a HML
Hello everyone! I hope you are all well. My partner and I are new investors in NY. We live in NYC, but are looking in NJ, upstate NY and CT. We found a dynamite place that we are ready to make an offer on, but we ...
Sam Leon
Approved short sale where the minimum is spelled out
I have done short sales but this is the first time looking at an approved short sale, the listing agent says the offer price cannot be less than X.
So in the case where the bank has already approved the price...
Doug Johnson
Found a great property before cash lined up
All,I am a new investor looking for buy and hold cash flowing properties and as I have been searching I found a multi-family property I like and the numbers play out really well. The seller wants 178,000 and the agent...
Miyoshi A Peak
Deal with no funds
So I've been reading "find the deal and the financing will come" this isn't clear to me. So if I find a deal, I can't submit a offer until I have POF or pre approval, by the time I find either of those the property is...