All Forum Posts by: Bao Chau Tran

@David Robinson

Oh interesting? But can I use commercial loan for only commercial property?

@Nicholas Covington

Could you explain the reason why lender should do preapproval without paperwork?

I see it as a slowdown of getting approval since it would take time to collect all the documents. And then if a great house that is listed that a buyer really wants, then they cannot win the speed of the competition because they don’t have the preapproval ready.

@Nicholas Covington

Interesting I have had a lender done preapproval here in WA without asking documents before. And I have closed transactions successfully.

@Patricia Steiner

Hi do you know of any good lender in Tampa FL or Florida in general?

I would like to get a few quotes from different lender. Thanks!

@Luke Rorech

Do you have any good lender in Tampa Florida? I got one but need more quotes to determine. Thanks!

Hi,

Do you guys know of any lender in Tampa Florida that will do preapproval without requiring all the important documentations first (e.g w2, paystubs, tax transcripts etc)?

I would like to sent those documents only when I am under contract. Thanks!

Any recommendations is greatly appreciated :)

Bao

Hi,

We lived in Washington now and are looking to gradually move to Tampa Florida.

We are trying to obtain our second rental home with the intention of living there in a few years when we moved there. So I have talked to a bank and we will try a second vacation home type financing with 10% down. Does this seem like a good down payment amount?

We are looking at Tampa Florida but willing to look at surrounding goof area too. Which area do you know that is good in Florida?

And what is the average rental amount in Florida?

Thanks!

Bao