New hopeful investor here. Have a loan officer that 'preapproved' me on Friday but today said she wants to send the preapproval letter directly to the agent. This is a little complicated because I don't have one! Are ...

Hi All! I've been reading through old posts trying to find the answer to my question, but didn't have any luck so I figured I'd make a new post.
I am currently on the hunt for my first property - I found one where th...

Helloi am in the process of evaluating my first multi family deal. I have been speaking to potential lenders all of last week. Today i just finished looking at the property and id like to make an offer. The sellers su...

Where can I learn the in-depth details of hard money? I need to figure out how to write a solid offer for a foreclosure which requires a pre-approval letter or proof of funds.In other words, If you wanted to buy a HUD...

My husband & I are looking into buying an investment property to wholesale.(Our first deal.)  The house is a short sale listed at $274,500 but valued at $393,900. In California where we live EMD is usually 3% (on ...

What are you using for proof of funds if requested to show just to view properties?  No lending secured until specific property identified.

Do people feel that there is a difference between "Cash offers" and waiving the Financing Contingency?

I often see people talk to people like they are the Spawn of Satan if they say they are making a "cash of...

I just had a deal fall apart because hud requested the hard money lender show a bank statement or letter from their bank showing they have enough funds to close the deal, when I told the lender about this they were du...

Hello everyone,My wife and I just secured our first pre approved loan. It's my first time doing a loan this large and the lender is telling me he can't give me a interest rate until he knows the property I'm buying an...

Hey BP community,I have a question regarding potential issues with wholesaling on the back of an FHA loan. I am currently negotiating with a seller after sending my written offer (using FAR/BAR As-Is contract). The in...