Rental property review

[Greg Graves]

Hey folks,

Just wanted to let you all know of my first experience using the BP Rental Property Calculator. I have evaluated about eight properties with the calculator but yesterday was the first time I have actually presented the report to my bank to ask for a loan. My banker called me in the afternoon and couldn’t say enough about how nice it was to work with someone that was so thoroughly prepared. She thinks she will not only be able to fund the loan to purchase but may also be able to help with rehab funds as well.

I won’t know just how well it will all work out until I get the appraisal back in a couple of days but it was sure encouraging to get such positive feedback from the bank.

Thanks BP for all you do.