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Updated almost 8 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Philadelphia, Pennsylvania
  • Member since May 8, 2017
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Philadelphia, Pennsylvania
  • Member since May 8, 2017
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Account Closed
  • Philadelphia, PA
4
Votes |
28
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Private Lending & Conventional Mortgage Advice

How early is too early for FHA pre-approval?

Account Closed
  • Philadelphia, PA
Posted

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've read about the benefits of FHA loans and 203k loans to lump in rehab costs. But when is a good time to get pre-approved for these loans?

I appreciate any and all feedback!

Jesse

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Brendan Markle's profile image
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Brendan Markle
  • from Bensalem, Pennsylvania
  • Member since Feb 11, 2016
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Brendan Markle's profile image
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Brendan Markle
  • from Bensalem, Pennsylvania
  • Member since Feb 11, 2016
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Brendan Markle
  • Bensalem, PA
52
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96
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Brendan Markle
  • Bensalem, PA
Replied

Like others have said , get a pre approval letter as soon as you think you are going to start looking for properties and keep it updated. I'm a real estate agent in the area, let me know if you have any questions

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