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...
Dan Mumm
HOA-Approved STR's in Las Vegas
Hi all,I have a listing coming up in an HOA that appears to allow short term rentals. The owner states it is one of only 6 associations in the valley which allow STR. I have no idea how accurate this is.Does anyone ha...
Alex Hunt
🏠 Housing Tip: Getting Pre-approved
Research indicates that pre-approval for a mortgage can give you a competitive edge in today's market. Getting pre-approved helps you understand your budget and shows sellers that you're a serious buyer. Take the firs...
Raj Patel
How did this loan get approved?
I know of someone who bought a retail property a few years ago. Retail in the sense that it’s your standard building with parking lot and retail tenants. The NOI at purchase was $90k. The bank gave him a 10 year loan ...
Megan Hornyak
Pre-approval for multi-family properties
Hi everyone! I am looking at purchasing 2 multi-family properties and they would be my first investment properties. I have 20% down and excellent credit and am looking for conventional mortgages. When buying an in...
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 ...
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...