Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (5,619+)
Samantha Springs Selling Rental to Pay off Crazy Student Loan
11 August 2023 | 18 replies
You've benefited from massive appreciation in a short amount of time, and I'm assuming you'd be able to save a lot of money relatively quickly to start building up your portfolio elsewhere, with more of an emphasis on cash flow. 
Danial Qureshi Freddie Mac now allowing LLC transfer (as of 10/20/2021)
18 August 2023 | 6 replies
I am sharing snippet of the relevant section from the Fannie Mae Servicing Guide (section D1-4.1-02), so both sections are can be found in this topic - emphasis on the LLC part is mine (Title is the direct URL link to the entire section on Fannie Mae Servicing Guide).Fannie Mae D1-4.1-02: Allowable Exemptions Due to the Type of TransferA transfer of the property (or, if the borrower is an inter vivos revocable trust, a transfer of a beneficial interest in the trust) toa relative of the deceased borrower (or, in the case of an inter vivos revocable trust borrower, to a relative of the individual who established the trust), as long as the transferee occupies the property;the spouse, child(ren), parent(s), brother(s) or sister(s), grandparent(s), or grandchild(ren) of the borrower (or, in the case of an inter vivos revocable trust borrower, of the individual who established the trust), as long as the transferee occupies the property;a spouse of the borrower (or, in the case of an inter vivos revocable trust borrower, of the individual who established the trust) under a divorce decree or legal separation agreement or from an incidental property settlement agreement, as long as the transferee will occupy the property;an inter vivos trust (or, if the borrower is an inter vivos revocable trust, into a new trust) provided that the borrower (or the individual who established the original inter vivos revocable trust) will be the beneficiary of the trust and the occupant of the property and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).Notes: For all such transfers affecting mortgage loans purchased or securitized by Fannie Mae on or after June 1, 2016, the transferee is not required to occupy the property.a limited liability company (LLC), provided thatthe mortgage loan was purchased or securitized by Fannie Mae on or after June 1, 2016, andthe LLC is controlled by the original borrower or the original borrower owns a majority interest in the LLC, and if the transfer results in a permitted change of occupancy type to an investment property, such change does not violate the security instrument (for example, the 12 month occupancy requirement for a principal residence).The servicer must notify the borrower that a property transferred to an LLC must be transferred back to a natural person prior to any subsequent refinance application in order to meet Fannie Mae’s Selling Guide underwriting requirements.
Jordyn Gegg Advice for starting RE Investing in College?
18 August 2023 | 3 replies
just to emphasis the impact of a huge emergency fund.
Rhett Kelton Best DSCR Loan options/companies for my situation
12 August 2023 | 5 replies
The appraisal you use will be a commercial appraisal with emphasis on the income approach with comparable sales used as an information tool rather than a way to derive value that's useful. 
Robin Simon Takeaways from STR Wealth Conference in Nashville this past Week
15 June 2022 | 21 replies
There was a good presentation on the pros and cons for different financing types, but one emphasis is that DSCR loans that have the greatest flexibility in qualifying and the least hurdles to get deals done in the near term.
Bobby Paquette Beach, Mountain or City location?
20 July 2023 | 63 replies
When I was a kid, our house in north Idaho was going to be under a sheet of ice 10-20 feet thick due to global cooling...
Branden Jordan Are short sales & foreclosures coming?
5 July 2023 | 7 replies
following, and i appreciate the ask for evidence supporting one's opinion. personally, I think "no", and I agree with @Dan Maciejewski, that is barring any nationwide economic collapse (or worse, global).Looking at the numbers, we are at an absolute historic low on new home builds, albeit Housing Wire put out an article today indicating that builder sentiment is rising finally.
Branden Wintermyer Is it necessary to involve a real estate agent when inquiring about deals?
24 July 2023 | 17 replies
I appreciate the emphasis on understanding who the agent represents and their limitations in that capacity, as this clarity is vital in establishing a successful working relationship.Your explanation of the range of information that a member agent can provide, especially when it comes to local market statistics, historical data, and access to property tax information, was incredibly helpful.
Dan Burstain A move from California to Texas could save a million dollars. Many Americans are opti
19 July 2023 | 28 replies
Although  I will say it seems like with global warming we are getting better weather here in the NW and places like Texas its just getting hotter and stronger T storms.
Chase Kerr Looking to connect and learn about out of state investing!
10 August 2023 | 11 replies
Does anyone know of a networking group in Los Angeles/Orange county that you would recommend to take part in that places emphasis on out of state investing?