So I have 3 potential partners that I am considering creating an LLC with. The partner with the most capital to contribute and probably the most knowledgeable on the real estate business has a pretty bad credit score....

Question for any lender/underwriter:If someone is getting a conventional loan, (borrowing 80% for example) if the appraisal comes back less than the contracted price, but hits at least the 80% mark would this get appr...

Hello all, Story: I am seeking some advise on a personal challenge I have just run into with getting approved for a loan for a primary residence. We own 2 investments properties and they are in our LLC that was formed...

I purchased an existing commerical building for about $550k, and I am putting about another $500k into it. I will be occupying about 35% of it and the rest I will be renting out.The bank originally assessed my buildin...

My fiancé’s a contractor and recently started a new business (he was previously running a business with his brother but decided to branch out on his own). We currently have 10k saved and are wanting to buy our first h...

So I have done a couple deals in the past and am approved on a R development loan.. ( 100% with up to 6% seller concession,) have a full time job and my LEASE is up the end of May. My plan was to find a deal on a ...

I'm still around, I'd say, two years off from making my first investment (working on getting a nice cushion of savings first). I'm planning to house hack a duplex that is financed by an FHA loan. Since I'd like to ada...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $16,000

Cash invested: $76,000

Sale price: $184,000

This property purchased on 2010. Since we got insurance rec...

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $16,000

Cash invested: $76,000

Sale price: $184,000

This property purchased on 2010. Since we got insurance rec...

I'm very new to real estate investing, but there is one thing I wanted to get clarified - is it typical for a person to already have a pre-approved loan for a given amount, before looking more seriously into buying a ...