Pre-approval Package prior to LOI?
How do I go about getting a pre-approval?
I don’t have a property under contract yet, but the idea I had is to present a minimum performance scenario. Basically agreeing with a lender that, if I find a property that produces certain numbers or better, then they’ll fund the deal post a formal inspections.
My goal is to shorten my financing contingency, & be a more attractive first time buyer.
Thanks
J