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Hi, I would like to start REI in Florida but have been told by 2 banks already that as a foreign investor it would be best to open an LLC and get the loan under the LLC instead of a personal loan. They don't seem 100...
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I'm trying to get any info or tips or even advice on what i should do. Looking for a 3-4unit using FHA Loan but switched income source back in April so previous returns reflect old income source and currently income i...
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Hello BP community! This is my first post here. Probably a very amateur question… I am looking to purchase my second rental property very soon. I will be getting the mortgage in my name, but my fiancé is covering the ...
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Hey All! Does a commercial lender need to have a property platted in order to provide the loan?
In short, the shopping center is not platted and it's essentially a shared lot with the property beside it. They are co...
Hi,The lender I'm working with suggested that we submit information for DU in order to see abililty for Fannie to underwrite. I was wondering, in case the application is deemed ineligible, will that stay on on your re...
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Hi, I've recently been looking into loans, and approval for loans. The one question I have yet to get answered is when should I go to a lender to get pre-approved. I plan on buying my first rental property towards the...
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Are there any loan officers or mortgage brokers with experience in getting Travel Nurses pre-approved for a home loan?
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I'm looking at buying my first buy and hold investment property listed for $130,000 with an ARV of about $150,000. The house needs some foundation (pier and beam) work, among other things, which I am willing to repair...