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Results (7851)
Karen Villarreal Proof of funds… …… ……
8 September 2021 | 5 replies

So in order to get money for a deal you have to find a deal first and have it under contract, but in order to have a deal under contract you need proof of funds… so how do you get that proof of funds to make offers? 

Erik Luna Question about conventional loans
9 August 2021 | 5 replies

Hey, bp community! I have a question about conventional loans. When applying for a loan, do I have to be very specific about the area I want to invest in? Such as zip code? Or once I am approved would I be able to mak...

Cody Worden Having issues with my current mortgage application, what can I do?
24 January 2023 | 3 replies

I recently got pre-approved for a mortgage, but now as I had an offer accepted, I am having issues getting final approval. My current gross income is $5,120/mon but part of it is from my GI Bill which traditional bank...

Keith Lim Single-family residence buy & hold investment.
17 June 2024 | 4 replies

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $1,500,000

looking into property purchase, will purchase within 3-6 months

Jiva Segaran Fix & Flip Hard Money lender credit check, tax returns, app fee?
5 April 2017 | 8 replies

So I have an investor client who is using a hard money lender offering 7% and 2 points (the "broker" is adding 2 points and a $1000 application fee).  They run credit, require 2 year tax returns, pay stubs, 10% down a...

Bill Henley Advice on choosing among offers on a SFR
7 April 2017 | 7 replies

We are selling our family home in the SF Bay Area. We expect to receive multiple offers, maybe as much as $1 million. Choosing the highest offer is simple, but I want to avoid two things: (1) a buyer who can't qualify...

Harry Morrison Catch 22 - POF or Preapproval letter
6 December 2019 | 12 replies

Hello BP. I found what I believe is a pretty good first deal. But I can't see the property without a POF or Preapproval letter! I would be looking for a Private Lender or HML if necessary. The property is in MA.
Ask...

Bryan Richardson Hard money questions
16 January 2020 | 5 replies

I think I am at the point where I need to start using hard money. What should I, or what do I need to do first? Do I get some kind of preapproval? Do I find the property first? Do I make a offer contingent on financin...

Travis Gregory Should a OOS investor use a big bank to get pre-approval letter?
30 August 2020 | 8 replies

I've read that it's best to use a local lender if investing out of state, however if I am looking to invest in several different states, is it best to get pre-approval from a nationwide bank so that I can make an offe...

Balin Jessip Looking For House Hack For First Deal! (Duplex/Triplex)
15 March 2021 | 6 replies

Hello all!I have been reading, listening, and learning about various ways of real estate investing for a little over 6 months now and I am ready to take leap on my first deal/project. My girlfriend and I have been wan...