I want to buy a property this year, but I have other debt. I make much more money monthly than than my monthly bills, but I’m not sure if things are different when buying an investment property. Any advice from lender...
Is there a way to get pre-approval without hurting your score? Does the bank need to pull my credit each time I apply for a loan?Thanks
Need some good advice here. I have a Single Family home for rent in my LLC which is paid in full. I want to refi but I need to quick claim it to my personal name. I can then refi it as an investment at 4.65%, my quest...
I am about 25 days from closing on my first investment property and the mortgage loan officer wants me to keep my credit unfrozen (from all 3 credit bureaus) till the day of closing. Is this normal? When I talked with...
I have stumbled on an opportunity, but I lack the knowledge of how to find High End properties (5 mil and up). Does anybody here have ideas on finding a seller with a property worth 5 mil and up before he calls the r...
Hello all,I am a first time investor analyzing (and will soon have my agent and a trusted family member walk through/video property) a midwest duplex in a midsize town for a prospective buy and hold investment. Neighb...
Hello, figured I have a valid inquiry and time to jump in. I have several loans on our various properties. I decided to put 2 in deferment for a few months due to coivd.Now, I'm ready to move on.The root of my questio...
I am currently in the process of getting preapproval, but when my lender ran my credit, he got a message that my equifax inquiry was registered as fraudulent.I called equifax and they were unable to even locate me in ...
My main goal with the LLC is keeping commercial loans and debt off my personal credit report. With that in mind do I have to file any taxes if the LLC did not produce income? What if I started buying properties in th...
Hey Everyone,I have four multi units now and would like to leverage. I've done some pondering and have decided to up the ante and boost up my business credit. My goal is to purchase an investment pro...