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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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I have a condo under contract that I am looking to assign or resell, but my potential buyer doesn't meet the association's annual income / credit requirements. What if I found someone to seek approval and purchase the...
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I have two specific properties in my neighborhood, that I cant stop thinking about. Unfortunately they do not qualify for FHA or conventional loans. I would live in them, once they were done, but I could easily rent o...
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I am a rookie investor looking to invest in SFH to hold as rentals long term. I am planning to use conventional financing to finance my investment. I have started looking for listings recently.I am a bit confused when...
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Hello everyone,I am going to apply to assume an existing loan on a 25 unit property that I have under contract. The company that the loan was originated with said that their basic qualifications are that I have a net...
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Anyone have experience with a property with this? The owner died recently died, house in good condition, just never dealt with this.Thank you.
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I've noticed a few threads where people state that the jurisdiction approvals/permits should be obtained prior to purchasing a property. I'm curious how this process plays out if you haven't bought a property yet. D...