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Pre Approved.. house in mind... now what?
Me and a friend (business partner hopefully), have found a house that is for sell in his neighborhood. It is the eyesore of the block and really need some cleaning up. The color of the house is horrid, but the sidin...
Ryan Ross
Credit report for pre-approval: how often?
I am investing in my first property, and need to have my credit pulled for pre-approval.
For people who have done multiple deals using a lender, how often are you getting your credit pulled? Or, should I only expect...
Ted Klein
Needing Advice on Sellers Request for a Cash Deal
Hello Fellow BP'ers,I'd like to reach out for advice on a potential deal I have found. I have ran the numbers and it appears that this is a good deal. This is Two Townhomes sold together as a DUPLEX. Each unit is 2 be...
Tyler Peters
Should I have financing lined up before I make an offer?
Hi everyone,This is my first post on the forums, not sure why it has taken me so long. I just started a three month real estate investing course and we had our first assignment due this Sunday this regards to our "wh...
Eric Ippolito
Can’t get investment loan without owning a house?
My wife and I rent in the LA area and entertained the idea of buying a house (laugh track ensues). We connected with an agent and are in the middle of a pre-approval process with a mortgage officer. Today, I let him k...
Michael Pittman
Find Lending or Find Deal?
Question:Is it best to get a pre approval letter from a lender (hard/private/bank/etc.) before finding your rehab deal(s) or after?I am one notch above a newbie in Houston, Texas. I know I have heard on the podcasts t...
Account Closed
Would a bank approve a loan for this circumstance?
If i were to move to another state and try to purchase a duplex that i would use as a primary residence, would a bank approve even if i only have the down payment and 6 months cash reserves? No job in place yet.
Veronica Barragan
South Florida Loan Pre-Approval Letter
Hello! I'm a newbie investor, and this is my first post! I live in DC but I want to start investing in South Florida because my dad is a GC here and is going to do my rehab. I'm looking to either BRRRR or flip a coupl...
Brittany Villamil
Steps to take in order to be financially ready to purchase
Hello!I am wondering how some would advise me to go about financing an investment home. Theoretically speaking.. if I drive past a run down home which I see to be foreclosed ..what would I need to have ready to go in ...
Quintin Gulley Jr
Should I get financing before I make a offer on property
Hello fellow bp members I new to the game and very eager to start making offers on some property. I want to get a little advice on that should I get my financing in order before I make any offers and whats the best wa...