To all you Colorado Springs short-term rental owners and those considering an investment, here's an update from last night's city council meeting about the short-term rental ordinance.It's good news. The city council ...
Hello everyone I am also new and was wanting to know if I could get a mortgage loan with a credit score in the upper 500s I'm self-employed first time buyer does anyone know if I would qualify I would rather do L/O t...
I am in the process of renting out my Manhattan condo in a somewhat boutiqu-ish building. There are 12 units. How long does the typical approval process take? The board is suggesting 3-4 weeks which would kill my chan...
I am a first time home-buyer/ real estate investor in the DMV (DC, Maryland, Virginia). I am currently looking at properties with an agent and I have some questions about the pre-approval process. I know that I must s...
Hi everyone,
I am in the process of leasing out my home for the second time and this time I don't want to miss a thorough screening. I am just having some problems deciding to accept or reject their application. I hav...
Just about every REO around here that I want to submit an offer on requires the buyer be pre-approved or pre-qualified by the bank's specific lender if the offer is not cash. I don't want to get pre-approved by count...
Recently got a 65k HELOC on my primary residence. I want to use this money as a down payment on another property. Will I have an issue getting pre approved? Does it help to have the money already pulled out of the lin...
What is the standard protocol for showing proof of funds? Is that the same as a pre approval letter. Or can the proof of funds document be more informal. Some sellers demand proof of funds in order to show rent r...
Does it harm your credit if you do more then one loan pre approval at the same time? Does need to be within a certain time frame?
Hello People! My name is Anthony and I'm planning to invest in my 1st fix and flip property in Bay Area Sacramento Area. With No steady income, no assets, no credit, no-cosigner, no large cash reserve or experience. H...