For an offer on a ~$150k vacant commercial lot, is it common to include a financing contingency for the lot and my proposed build out? I will already need to make my offer contingent on getting a conditional use permi...
I've been reading quite a bit about corporation vs personal ownership in canada, and i think corporation makes a lot of sense, especially because i plan on expanding eventually to 100+ doors. the corporation just seem...
Hi all,
Could someone please explain to me what pre-approval really is? I have a pre-approval notice, and I'm not sure what the legalities of sending it out to agents or exposing it are. Is it designed to be shown to...
Somehow I posted in the wrong section. Any who.......
Ok I just got pre-approved for an FHA loan. Didn't quite go as I planned but did get some good news. I actually got approved for a tad more than I had expected. H...
I understand that a Pre-Approval letter is typically good for 60-180 days depending on the lender, however I feel I don't want to get pre-approved unless I find a great property. Should I go ahead and get pre-approved...
Hi BP members,
This is my first post in this forum :) . I'm from seattle area.
Ok here is my question. I read somewhere that i cannot use preapproved loan for bidding at auction. i have about 15-20% of the total pr...
Hello BP community! I have a question for the group. I am looking for my first investment property and looking in a few areas as OOS investment. I’ve also looked in areas where I visit (I travel a lot) and every time ...
I'm getting 4 units ready to rent, primarily targeting Section 8. In our area, either the recipient pays 30% of the monthly rent OR they simply receive a voucher for a rent amount and HUD pays the entire amount.For te...
I am talking to a land owner about putting a letter of intent on a land in an urban locale and get it approved for an apartment complex of around 50-60 units, with 30% affordable component to it. Obviously, I will buy...
Had a question regarding section 8 approval. I want to rent a prospective home under section 8. I am trying to ensure the house I am looking at is turnkey (good shape), in hopes that it would be approved under S8. The...