Shannon McGrath
Finding funding on short notice
Hi. New-ish investor. We have one rental, conventional. A property just popped up that I really want, but have nothing lined up since I wasn't really looking right now. Can I make an offer with no pre-approval? Will a...
Michael Lerch
REO Agent won't accept my private money POF
I'm a wholesaler and I've wanted to start making offers on the MLS. My friend is my buyer agent. I have a private money lender in the mix to use as transactional funding so I can close the deal.First offer on an REO I...
Account Closed
REALTOR REBATE SAVINGS in Florida
ANYONE EVER SEEN SUCH A SAVINGS? "Real Estate Commission Rebate Program"Pre-arranged and in place for pre-approved borrower/buyer clientsGood Faith Bid for a Purchase Price of: $500,000Listing Pays: 3%= $15,000 / Reba...
Corey Owen
Adviced Needed on Proof of funds from a private money lender
Hello BP Community! Once again I am in need of some advice. We have private investor that wants to back us on our next rehab project. Is there a way to show the investor's proof of funds on our behalf when submittin...
Ken Latchers
Airbnb: Preapprove or Decline
I got an booking inquiry from someone who wanted to bring two large labs and a small dog into my two bedroom vacation rental. I only allow one small dog. I responded within 1 hour that if they made $150 additional dep...
Kevonna Ahmad
Help Getting Started with Brrr
I have one investment property that I got through a VA loan, but now I am looking to switch to the Brrr strategy. My problem is I am stuck at the “Buy” step. What generally comes first? Finding the deal or finding the...
Chandler Hall
5% Down Conventional Mortgage - Cleveland, OH
Hi all!
I am currently looking for a few different mortgage loan options around Cleveland, OH. I have already been pre-approved by 3 different places for FHA. My problem right now, is that I can't do an FHA loan on a...
Rohit Saigal
Prequalification vs preapproval
What are the actual differences between the two? A lot of websites claim different things so I’m now confused.
Harry Darmawan
Declined by realtor due to hard money
Hi all,A newbie to BP, but have learnt a LOTTT.Quick question... I'm trying to get a property and had been pre-approved by a hard-money lender (non-conventional loan). However, there's one realtor that told me that th...
Flavia Brown
Documents required when making an offer.
As a Realtor for 16 years, I recently became interested in helping investors find good deals. I am now working with 18 real estate investors. What I don't understand why they are reluctant to provide proof of funds (P...