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An article stating that pre-approved mortgage are a sham http://homes.yahoo.com/news/why-getting-pre-approved-for-a-mortgage-is-a-sham-163333787.html.
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Hello! I'm a newbie investor, and this is my first post! I live in DC but I want to start investing in South Florida because my dad is a GC here and is going to do my rehab. I'm looking to either BRRRR or flip a coupl...
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What's up BP!
Many people have asked me what they need to do to get approved for a loan. There are a bunch of ways to help prove yourself to a Lender, but staying healthy in these four categories will put you in t...
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I’m looking to purchase my first rental property (preferably multi family/duplex) to start generating some cash flow. I currently own a home (3 bed 2 ba) and rent out the other two rooms to help out with mortgage paym...
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Hi, I need help getting pre-approved for an FHA loan for a 4plex in NY. Asking price is $299,000. I have 740 credit score, 0 debt, but don't make enough ($35K a year shown on taxes). I have a side business I made an e...
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Hello folks,I am new at this business. Right now I'm in the phase of choosing a niche to get more familiar with. So currently I'm looking at everything pretty much. I think it's a good strategy to start. Anyways comin...
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I will soon begin the process of getting funding for my first purchase using a FHA loan. In doing some reading I've seen some say its best to get lending in your city. Are they pitfalls associated with going with a le...
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Hello BP!I am a realtor in the Austin area and have a client who is interested in making multiple offers.Many sellers want to see a pre-approval letter when considering offers. Since we're making multiple offers we do...
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Hello all BPers!I would like to know if you can share your criteria for income when there are co-tenants? Do you assume each one will need to have ability to pay all the rent, but then the reason they have a co-tenanc...
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Hi All, I’m looking at purchasing my first property and I’m focused on small multi-families in southern NH. There is a listing for a duplex and the description says “Sale is subject to probate court approval.” I’ve do...