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With this loan, do properties have to be "Turn Key" to qualify or can they be used on fixer uppers?
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Hi All,I just wanted to introduce myself and say "Hi". I recently joined BP to get started in REI with my main interest being rentals in the Massachusetts area. What attracted me to BP was the network of people who ac...
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Hi all,My name is Dan and I am currently 25 years old based in Austin, TX. I've been listening to BiggerPockets for a while now, but am just now posting for the first time.Back in October of 2017, under the burden of...
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Hello, I kind of stumbled on this site and am amazed with the amount of knowledge of the members here. My main question is this I do not have the greatest credit and have nothing to use as collateral, but still want ...
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Hello everyone!I'm Olen and excited to learn more about real estate. I currently work as a firefighter and own 1 rental property (3/2). At work it is often for an older person to die and to be living alone with the ...
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Hi everyone! My name is Nate and I'm 28 years-old from Los Angeles, CA. I feel that I'm arriving a little late to the BP party, but better late than never, right? So a little about me:Currently, I'm a second-year FEMB...
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It seems to be an interesting proposition as you can leverage your net worth to gain equity into a deal, but of course there is downside risk if the deal goes belly up, requires additional capital, or if the loan turn...
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Hey BP. My first rental is going great, all rented out and cash flowing like $650ish/mo. I've got about 65k equity in it. I've never done a cash out refi before, I think I grasp the basics, but is it worth it to just ...
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Greetings: I’ve been presented with a 32 unit deal spread across 9 buildings. However, three of the buildings have grant liens that expire at different times up u til 2029. I am asking the sellers to give me somethin...
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Hey all,My lender is now telling me the branch manager is getting cold feet about taking my loan because we are moving "too close" to the current home. For background, we have lived in this house for a full year. We w...