A preapproval is an actual, completed loan package that has been submitted to an underwriter for approval. The only piece that would be missing is the identified property.
You can't buy an investment property with no money down. LLCs have no income so you would have to buy the property in your own name.
If you can show that you can afford both of them, then you don't have a problem. If you can't afford both of them, offer on the one you like best. If both offers go ... more
You definately have some choices in Cal City, also some choices in Tehachapi. I ran a quick search and came up with over 10 properties within the two communities.
Tesa Noonan (661) 717-3394
Coldwell Banker Best Realty
Are you saying that You, the Buyer, didn't come up with the Earnest Money, and that ... more
Here in Northern CA their is a number of good foreclosures in great areas. It really depends on price point and type, (SFR, Townhome, Condo) of property you and your invest ... more