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I have working my butt off building capital, earning a great credit score, and learning the business. And today, I have pre-approved to move forward on obtaining a multi-family unit. I am scared and excited at the sam...
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Is it customary to find a lender before making an offer on a deal? Or Finding and analyzing a deal, look for a lender who is willing to lend, and then offer?
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Greetings BiggerPockets community!
I hope this message finds you all in good spirits. I've been an avid follower of the discussions here, and I'm truly impressed by the wealth of knowledge shared. I'm on the verge of...
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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...
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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...
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Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,500,000
looking into property purchase, will purchase within 3-6 months
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My first deal was one of those perfect alignments of stars. We offered on a short sale. Long story short we "wiggled" our way in to get the offer accepted in less than 2 weeks. With the work we completed on the house ...
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If you don't already know, transactional funding is a type of funding used by wholesalers to complete double closes if you don't have enough cash laying around to buy and sell a property in the same day. Most wholesal...
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Thanks in advance for any input on this novice question of mine!I am on my very first steps of getting the ball rolling in real estate investing and have read/am reading many of the BP books. I have settled on the hou...
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Selling House- New Mortgage
So we are selling our house Memorial Day in the Chicago suburbs and moving to Kansas City. With the proceeds from our house sale we will have enough money to pay off our current mortgage (...