Scott Brown
How to get pre-approved for a Private Money Loan...
So if you are buying a home for your family and have a real estate agent showing you homes they almost always demand to see a pre-approval letter. Ironically most hard money lenders and many private money lenders don...
Felix D Menendez Jr
FHA bust Lender backed out after pre approval need help
So I applied for a FHA 203(k) loan and was pre approved for $325K I only wanted $250k. So after giving the lender all my documents upon first visit I waited a couple days for a rejection or pre approval. Great I was p...
Joe Henry
Mortgage approval as a temporary employee
Are temporary full-time employees eligible for conventional, FHA or other types of home mortgages? I live in Florida, if that matters.One broker I spoke with stated he could not work with me, and that I wouldn't be ab...
Joshua Telles
1st investment property financing
Hello everyone! First time posting and getting into the investment scene, I currently have a single family home that was my previous primary, and looking into purchasing my 1st true investment property, trying to find...
Ye'Chiya Harper
Reputable Lenders in MS
Hello,New here!Does anyone know any reputable loan officers and lenders in MS that they’ve had a good experience using? Also, I’m kind of torn on if I should get multiple pre approval letters because I won’t necessari...
Nicolas Escoffier
Need some advice as a first time buyer (rental property)
Hi everyone,I'm brand new on this forum. I've been in the US for a bit more than a year now (on a work visa).I'm interested in buying my first rental, out of state as my current state is CA (and I don't have 500k in c...
Mark Richardson
Pre-Approval or come with a deal to bank
Should I go to multiple local banks to seek pre-approval on a loan prior to having a deal or is it better to come in with an already analyzed deal under contract?
I’ve heard differing opinions on this and was hoping ...
Carlos Perrault
What would you do in this situation
I have a client looking to obtain a duplex and knows they won’t have much if any money for down payment. What type of lending should i offer or suggest?
Lettie T.
Why do seller's agents require buyers to use local banks?
I'm a newer investor, so forgive me if this question is nieve, but I'd like some insight. Seller's agents are refusing to present my offers to the sellers without a pre-qualification letter from a local bank. I was so...
Account Closed
The Real Estate Funnel
I've read several times about the idea of a real estate funnel: generate hundreds of leads, analyze a subset of those, make offers on a subset of those, and have a subset of those accepted. That makes total sense to m...