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Ok so I have been taking steps to move forward into REI. I was told yesterday by a lender that we would have issues being approved for a loan mainly for this reason. I own a business, we make great money through this ...
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I am wondering, if I have a mortgage for the home I live in, will I get approved for a loan for a rental property with my current income? What about the debt to income? Do they consider average rental income?
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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. Here's the problem though. I had researched loans and re...
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Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...
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Hey guys,I have finally gotten the ball rolling on my dreams of RE investing. I recently got pre approved for a fha loan. I also put in a contract on a duplex. I have paid my ernest money, now i will be having the pro...
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Will lenders approval a loan if you bring them a great deal? Although I may not be in a perfect financial position to get approved for a loan to purchase an investment property, ( credit score, income, debt, etc) I’m ...
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How easy is it to get one ? Also can I get the bank to fund the rehabs? Thanks BP
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Can someone please tell me how long is the FHA loan approval good for?
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Airbnb Jumbo Loan!?I’m looking at a $900k Airbnb property that will have around a 58% ROI.I have enough for 10% down, only problem is I just got out of school and my income for 2020 is about $0 (invested all my earnin...
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Hello BiggerPockets Community and Happy New Year!
I'm currently going into my last semester of college and have been extremely interested in the idea of house hacking for a first real estate investment. After studyi...