I came along a multi-family property. Someone else put an offer and got commercial loan approved but couldn't close the deal at the end. The realtor told me if I were to buy the property, there is already 1M commerc...
Not sure if this is true or not. But, I’ve heard that when it comes to getting loans that at certain times of the year your odds for getting approved can go up. The proof I’ve heard for this argument is that around Ch...
Hey all, my wife and I just found a great Triplex for us to house hack. Only issue is 4 months ago we moved out of our previous house (decided to AirBNB it) and signed a 1 year lease on an apt closer to work. The AirB...
Hey everyone, I’m having difficulties understanding the lending side. I’m trying to house hack and would love to purchase 1 a year to grow. I found a property and closed on it. I plan to fixed it up while staying th...
I plan on purchasing my first home within the next 9-12 months, so when is a good time to get a loan pre-approval? If I get a pre-approval in one month, is it too soon? I want to start the house-buying process early, ...
I'm not sure if I'm posting in the wrong section of BP or not. New to BP and also to Real Estate.
Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got ap...
I'm looking to purchase my first investment property soon and I'm currently getting pre-approved for a conventional mortgage. Is it common to go to multiple lenders to get pre-approved? I've already contacted two (m...
Somehow I posted in the wrong section. Any who.......
Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got approved for a tad more than I had expected. H...
Happy 2015 BP, I plan to use funds from a Home Equity Line of Credit for an investment property.
I was wondering if I opened a Home Equity Line of Credit on my primary residence and it just sits there unused, would ...
Hi everyone,I'm currently in escrow purchasing a turnkey property out-of-state. I'm still waiting on loan approval which could take another month. However, my loan officer has sent me a non-refundable form to order an...