Stephanie Simmons
Hard Money Lenders provide a "Pre-Approval"
I am about 2 weeks away from listing my first flip for sale. It took me 4 months to obtain it - so I am starting now to look at properties (I am investing in a different area). I am also looking to refinance my pers...
James Kampmeyer
Getting that first loan
I live in the Charleston/Summerville/Goose Creek area a South Carolina. I have just started looking for a bank and applied for pre-approval for a loan. Is this the best way to go about it? Or would it be better to fin...
Travis Wylie
Is Pre approval necessary?
I currently have closing in a couple of weeks on my second investment property. My father wants to get into real estate and we put an offer on a house. This realtor that I did a couple walk throughs with wants me to ...
Nilofer Sickander
pre-approval and credit
Hello BP family,Would having mortgage company provide you another pre-approval letter within 10 days hurt your credit? Some background:we were about to put in an offer for a duplex 5 days ago and had asked our mortgag...
Eric Johnson
Getting Pre-Approved Online?
Is getting pre-approved online common amongst investors?
Gurjot Grewal
Do I have too many contingencies in my offer?
Iv made maybe around 40 offers in my long distance market and only 1 under contract which I had to back out of. The contingencies I include are these 4 things;-10 days inspection period -appraisal -Financing-seller...
Dimitri Paspalaris
How long is pre approved loan good for?
Question can I use an approved mortgage like a preapproved car loan and shop around or do I need to actually have a property and offer done? If this is true how long is the preapproved mortgage good for. I am new to t...
Account Closed
How early is too early for FHA pre-approval?
Hi BP Community,This is my first of many posts to come. I'm a newbie investor living in Philadelphia, PA and interested in small multifamily units (duplex - quadplex) to house hack as my next residence in June 2018. I...
Jonathan Studdard
Do hard money or private lenders give pre-approval letters?
My concern lies in being able to make offers fast. So my broad goal is to find and rehab properties to rent out, then refinance to get my cash and new equity out after 6 months. I want to grow a rental portfolio with ...
Hassan Mahmood
Getting Pre-Approval from Seller's Lender. Should I do it?
Hi All,I've recently been looking at different RE investing opportunities in the Atlanta area and found two SF properties that I really liked. Unfortunately, the seller had demanded only cash offers for the properties...