Max M.
Conventional loan approval/HELOC strategy help
I currently own my home outright and am evaluating the best course to take for purchasing buy and hold rental properties. I have no outstanding debt except for a 300$/month car payment. Currently one income source aro...
Ryan Acain
Conventional Loan Approval for Investment Property
I have a question about getting approved on a conventional loan for an investment property. I plan on 20% down to fulfill the 80% LTV. I have a very low DTI ratio of sub 15%. However, my hold up is I have low reser...
Veronica Barragan
South Florida Loan Pre-Approval Letter
Hello! I'm a newbie investor, and this is my first post! I live in DC but I want to start investing in South Florida because my dad is a GC here and is going to do my rehab. I'm looking to either BRRRR or flip a coupl...
Matt A.
Private lender sent conventional loan approval
Hello folks,I am new at this business. Right now I'm in the phase of choosing a niche to get more familiar with. So currently I'm looking at everything pretty much. I think it's a good strategy to start. Anyways comin...
Brandon Proctor
Approved for VA Loan Now what?
Just got a phone call today about an inquiry I had about using my VA Loan. I was approved, now what!? The obvious answer is find a home in my price range that fits my needs and a property that will resale or rent out...
Anurag D.
Condo Master Insurance - Loan Approval Issue
Hello BP Team, Mortgage Underwriters/Lenders,
Thank you for information exchange in BP forum.
> Context:
Property: Low Cost Investment property (Condo with HOA) in contract.
Location: Atlanta, GA metro
>...
Anurag D.
Condo Master Insurance - Loan Approval Issue
Hello BP Team, Mortgage Underwriters/Lenders,
Thank you for information exchange in BP forum.
> Context:
Property: Low Cost Investment property (Condo with HOA) in contract.
Location: Atlanta, GA metro
> Is...
Joe Tran
Graduate Student Approval for Home Loan?
Hi guys,My other half is a current graduate student at a local university. Her financial aid is limited to student loans (stafford, grad PLUS loans, etc), and work income is the occasional once or twice a week shifts...
Thomas Hartman
Getting pre approved for a loan
Hello everyone! Quick question here about pre approvals. Me and my wife are in the process of getting our papers together for pre approval. My concerns are as follows: How badly does getting pre approval affect my cre...
Max Gomeniouk
Pre-approval obstacle with commercial loan
Hi all,Wanted to see if anyone run into this issue and can offer advice. I'm working with commercial lender for financing and put in my first offer on a fix/flip property. Offer had financial contingency and our agent...