Does it make sense if you are a first time home bitter to just go online and get your pre approval letter? Once you have that shop around at various local lenders?Thanks for the advice!

I cannot figure out how the monthly loan payment stated in the note is calculated. It does not match up with any amortization schedule. SBA reps are clueless. Does anyone know?

I'm getting ready to start my first BRRRR BUT I'm curious to know how do you keep inquiries from hitting your report and potential bringing your score down? For example, let's say I want 10 doors in a year. (Aggressiv...

I'm looking to make my first property purchase. I've been reading that most mortgage lenders require a 2-year history of employment. Does that mean in the last 24 months from now? Or the last two complete W-2 years? I...

Hello BP CommunityI am preparing to get pre approved for a mortgage. I have waited to get pre approved until I am absolutely sure that I am ready to buy, since I don’t want my pre approval to expire and suffer another...

Hello! I'm a first time poster and am looking forward to learning from the community! I'm looking to purchase my first rental property, and my goal is to get a low fixed interest rate mortgage given my circumstances. ...

I've got myself into a precarious situation with a group of investors that turned out to be not so great. I bought a property from them with promises of a rehab and tenant being secured, along with 20% equity once the...

I am a bit surprised that I am having trouble finding a bank (bank, local credit union, etc will all be referred to as the bank) that will finance a deal and was looking for some additional insight.

I have a producti...

I've never used a hard money lender before, but with my first long-distance investment, I thought I'd give it a test drive. A little background: I am a developer, spec home builder, and occasional rehabber. Through a ...

Borrowers in pre-foreclosure stages may have talked to their bankers to no avail. Once this fails, many borrowers will approach loan modification companies that will negotiate with the bank on behalf of the borrowers....