HI! There is a property that I am very interested in and would like to view. It has 5 housing units and some rv pads. The owners are requiring pre-approval in order to even schedule a viewing. I have never purchase...
Hey everyone!Should I try getting pre-approved through a bank for a rental property? I don't have cash on hand, but I do have access to people willing to lend money for a percentage of course. I was thinking I could t...
I have located a duplex for my first investment property to buy and hold. I like the numbers on the deal and I am in the process of locating a private investor to help with the down payment. My only concern is I don...
Hello everyone,
I am in the process of buying my first investment property. I discovered a guideline that prevents lenders to loan to Condos that have master homeowner's deductible > 5%. Has anyone encounter this...
I'm not yet ready to actually make a purchase. My goal is to obtain a duplex using an FHA loan once I've educated myself enough. That said, when is the right time to walk into a bank and see what I'm preapproved for? ...
There is a really nice property I found that is worth around $795k, but the approved short sale is $480k. What is the best way to purchase as far as: 1) down payment. Is it possible to somehow take from the equity as ...
I'm under contract to sell my property. Buyer is employed overseas and using VA loan with 0 down. Buyer provided pre-approval from an reputed lender. My concern is regarding the employer who is not US based. Will this...
Good afternoon, any insight would be helpfulDuring the pre approval process for getting a home loan is it a hard pull or soft pull on your credit? Thank you
This is one thing that still confuse me. What is the need of a mortgage pre-approval? I have a cousin who bought a new house recently by taking a mortgage. She had taken pre approval mortgages and she said that it mak...
So my Girlfriend and i have been pre approved for a loan we have been trying to find a house for a couple of months , made some offers and still have not purchased one. Our 90 days of Pre approval are just about up. ...