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Hi Team! Thanks in advance for your feedback. My brothers and I own a few SF's and are now looking at MF's. We are activity looking at 3+ family properties. We have been deterred from certain properties because they s...
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Happy new year to all!!potential tenant. Rent 1100 per mth. 3300 required to move in. Tenant has good rental history, no prior evictions, been at job for 4 yrs making 60k a year. Doesnt want to move in till 2/1 becaus...
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Im trying to buy my first property currently in the process of getting approved, everything looks great! More than enough in my account, credit score however. Bc I am a cocktail server most of the money is from tips. ...
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Hi BPers! I'm interested in getting a HELOC to buy another property around Seattle. I know that I need to look around for banks / credit unions that offer this type of HELOC, but I'm concerned about income verificatio...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $15,000
Cash invested: $5,000
Our first ground-up development project has been approved!!!! This is a vacan...
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When running the numbers on a an investment property the interest rate is obviously a factor as to how well the property will cash flow. If I house hack (which I have) I can qualify for a residential loan with a lower...
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Hello everyone. For the last two years I've been reading books, listening to podcasts, paying down debt (all DONE), and saving money for a down payment for my first investment property. I've decided my first propert...
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Dear BP community,I have a question here, once I get pre-approved for a conventional mortgage, will they check my employment status right before the closing ? And if they will, what are the possible ways they could do...
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What financial institution do you recommend to get a pre-approval? Financial companies, banks, credit unions, etc?
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We have a husband and wife that have applied for one of our properties (both of them applied individually, as instructed). The wife meets the minimum requirements, but the husband does not meet the credit score requir...