Michael Williams
Making offers on properties without Prequalification letter
How would I be able to make offers on multi family properties in my area without a pre qual letter from my lender? I have a family member who will loan me the down payment on a multi family property, they have not tra...
Austin Negron
3 Tips 4 Buying a Home
Real estate can be overwhelming.These are generally the first 3 steps for preparing to buy a home:1. Check your credit score. The better your credit, the lower the interest rate on your mortgage. The interest rate you...
Shelly Wyatt
Loan officer needed
Does anyone know of a good loan officer that can get me a good interest rate with a low down payment. I prefer a conventional loan. I currently have a pre approval with navy federal. Looking to see if I can get a bett...
Sung Park
Getting a mortgage loan as a student
Hi BiggerPockets Forum, You guys have been an incredible help in the process of buying a property. However, since I do not have a pre-approval, I cannot move forward. Here is the issue. I am currently in college finis...
Account Closed
Question about financing for 4+ unit buildings (Los Angeles)
When searching for a loan for 4 or more units, would I reach out to a mortgage broker, or go straight to a bank?
Thx!
Ibrahim Hughes
Do All Lenders Require A Short Sale To Be Listed?
Do virtually all lenders require a property to be listed before they will entertain a short sale? Any of the bigger banks NOT require it? How about smaller ones? What if the property is in a warzone?
Cheryl P.
Northern Virginia Investors Has Anyone Worked with Cardinal Bank
I was wondering if anyone has experience with Cardinal Bank's business banking or their subsidiary George Mason Mortgage?GMM has both construction and renovation loans listed on their website, the loan officer told me...
Gulliver R.
Getting a new job and getting a pre-approval
Hi All,So I just got a pre approval for a home loan, but I might be getting a new job soon. I told my lender and he said I would lose the pre approval because he said he needs two years of income history from the curr...
Paolo Patacsil
Local Lender vs. Out of State Lender
Hello! I just made an offer to purchase my first rental property. I’ve got my pre-approval from out of state lender. Now, my realtor told me that the seller wants a local lender before they accept my offer and connect...
Adam Kecskes
Is there such t thing "pre-approval" for non-traditional finance?
Hi, all,I'm seeking to purchase a duplex, preferably a 4-plex, in Austin, TX within the next three months. I'm trying to understand what I need, financially speaking, before I go to the seller's agent to express inter...