There are bad boy carve outs that can cause the loan to go recourse.

If I have a bad appraisal, I just pull that property out and put it in another portfolio for a different bank.

Tenant had bad credit which he explained (540-570); I wanted to rent the apt for the winter so I wrote a 6 month lease and explained we could extend if all goes well (lease dates Dec 1 - Jun 1).

Every market has its good areas and bad areas.

View report*This link comes directly from our calculators, based on information input by the member who posted.this is my smallest deal to date. Bought property for 13,500 plus 3500 to wholesaler. sol...

I found this on State Farm's site:https://www.statefarm.com/simple-insights/residenc...Kalapana, SW of Leilani Estates where the current flows are, was hit bad back in 1990 (?). 

As I mentioned, we are eager, but as beginners we are also cognizant of the detriment of buying a bad first deal. 3.

TerryGreetings from Southern Maryland.5.2% is not bad for an investor loan given those parameters. 

You can always swap rate for fee, or fee for rate, but keep in mind that the overwhelming majority of the items on the fee worksheet you probably saw will typically have nothing to do with the lender, we're just the bearers of bad news.

Live and learn at that time  BP didn’t have bad reviews on him yet.