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I want to make offers on several homes using cash. How do you typically show sellers that the cash is available? Submit a bank statement with your offer?
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Hello BP community. Need some advice on how I should proceed with applicants I have for one of my rental properties. It is a couple and the woman is taking a job as a OBGYN making $347,000/yr . Her credit score is gre...
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Since last year, my wife and myself have been house successfully house hacking an SFR. Instead of buying another property now, we decided to see if it was legal in our area to put in an ADU. I just reached out to the ...
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what is the difference between pre approval and pre qualification in lending?
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I'm looking at a deal in Utah that's 3 units for $390k but I'm fairly confident it can be turned into 4. Leases are already in places for the 3 units. In order to be shown the property I need to have a pre approval le...
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What exactly is the difference between getting pre-qualified and pre-approved for a loan? Is one better than another??
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I have to existing rentals that are luxury condos and have a system to get renters approved. I now have a low income 4plex that I would like to rent to section 8. Do the same approval policies and procedures apply to ...
Greetings! I'm interested in doing my first fix and flip and have been looking at hard money loans and portfolio loans. I've been doing some reading on the forums and I'm a bit confused about whether I should be getti...
I understand that most MHP/Associations require approval via a credit/background check for perspective tenants for their lots.To those who invest in units in parks, do you submit to these credit checks or are you able...
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My husband and are almost done with the first draft of our business plan. We are looking to get pre-approved for our first mortgage very soon. Since our first major REI goal is to purchase two properties this year (b...