Timothy Leong
Taking over an approve short sale
Hi all,
Last week a buyer backed out of an approved short sale and I was able to "slide" right in according to my Realtor. He mentioned that the approve short sale should be moved into my name after a few days and we ...
Behrooz K.
short sale already approved non-negotiable
I ran across a short sale. It reads the short sale is approved at $200k. Non-negotiable.My understanding of the short sale process was that it is approved to a specific buyer? Does this mean someone else was trying to...
Sri L.
Financing Approved Hotel to multifamily conversion?
I am in contract on a hotel property in ABQ, in the Huning Castle area. Looking for lenders who will lend on purchase and renovation. The property is currently operated as a hotel however it is already zoned for multi...
Rachel Wagner
Getting Pre Approved BEFORE Sending LOI?
Hey Everyone!
So I'm currently in the process of purchasing my first multi family property that I intend on house hacking. I have a business in the short term rental space where I only lease but I've been looking t...
Amiel Bituin
Help on information about Pre-Approvals
Hi BP Community!
I am looking to buy my first rental property around June (at the earliest) time frame and was searching for some answers to help me get started. I am looking to get some help and information of how ...
Gary B.
Financing Land with city approved plans
I am interested in a lot that has city approved plans for a SFR. Is it possible to get conventional financing to buy + fund the construction ?
Best, Gary
Michael Hayes
Lima One Capital Pre-Approval Time
Hello everyone. I'm preparing to pickup some properties for my own portfolio and decided to check with Lima One Capital since it seems like they have a pretty good fix and flip loan program, as well as a great long t...
Pete Storseth
Cant get approved for house hack
So I'm trying to start my real estate portfolio with house hacking, refinancing, and cash out pays for the next down payment. My credit is 711, and my debt is low, BUT I only make 23k a year. Ew.So I go to banks toda...
Tony Zhang
HELOC approved then transfer to LLC?
Hello Fellow Investor, I have a rental property with some equity in it, can I get the HELOC from it approved then transfer it to the LLC? or transfer it to LLC then go do the HELOC? Any recommendation? Thanks
Bethany Peysen
Pre Approval Letter as an Investor
We are new to REI, but recently received a 600k guidance line of credit through a bank here in Texas to purchase properties to in turn rent out. We have 2 so far, purchased 1 cash, and are currently working on a short...