Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Jacob Walker
  • New to Real Estate
  • Columbia, SC
0
Votes |
2
Posts

What kind of loan can I get?

Jacob Walker
  • New to Real Estate
  • Columbia, SC
Posted

I'm fully aware that without a job or cashflow, I cannot qualify for a loan, but could my parents co-sign? I want to purchase a rental property to fix up that my roommates and I could live in next year. Also, with a conventional loan, can I get additional funds for renovation?

Anything and everything you can give is greatly appreciated!

Most Popular Reply

User Stats

158
Posts
140
Votes
Justin Sullivan
  • Real Estate Agent
  • Phoenix, AZ
140
Votes |
158
Posts
Justin Sullivan
  • Real Estate Agent
  • Phoenix, AZ
Replied

@Jacob Walker

You would have to get a renovation loan which some

Banks offer usually smaller banks and credit unions. Then you would have to refi into conventional

Which most of these banks actually will do that in house. You should be able to get it done in your parents name and maybe you on it as well. Regardless options are there start making phone calls

Loading replies...