So... I was slapped with a mortgage denial from the lender. The whole FHA 203k project is fantastic on paper, with the total purchase price + 203k standard rehab totaling to 565k on a 2 unit to 3 unit (legal) conversi...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3165263/small_1736115626-avatar-andyw197.jpg?twic=v1/output=image&v=2)
Hi bigger pocket,Hope someone can help with insights on the situation. I sold my precious business for 1.5M seller carry. Buyer made the down payment and is keep making monthly payment. Remaining balance is 1.2M payab...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2202971/small_1635019287-avatar-zakiyyahp.jpg?twic=v1/output=image&v=2)
The lender said that my Debt to income is too high and causing me not to qualify. I rent out my first home. I have a bank account to show that I receive rental income. But the lender is stating that he needs two years...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/492571/small_1621479117-avatar-juanl14.jpg?twic=v1/output=image&v=2)
Hope all of you are having a great investment year so far. Need your input please.
Buying a Turnkey home in the 32210 zip code and the PM informed me that a Section 8 renter is interested in my house, to rent. What ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/170232/small_1621421154-avatar-jdcousteau.jpg?twic=v1/output=image&v=2)
My understanding with a wholesale deal is that it's much more streamlined and less prone to hang ups in closing when it's presented as an all-cash deal. My plan is to target the 70% ARV (minus repair costs, fixed cos...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/679605/small_1621495317-avatar-mburns1216.jpg?twic=v1/output=image&v=2)
-- Can you be gifted money for a downpayment in an FHA?
-- Can a friend gift me the money or only family?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/486131/small_1621478828-avatar-meil.jpg?twic=v1/output=image&v=2)
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $16,000
Cash invested: $76,000
Sale price: $184,000
This property purchased on 2010. Since we got insurance rec...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1153804/small_1621509655-avatar-lisas226.jpg?twic=v1/output=image&v=2)
I am currently in the midst of my 3rd large single family renovation project which is in a very busy vacation rental market. It will rent well and cash flow nicely once it's done this summer. However, I have all of...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2051895/small_1621517780-avatar-brockw22.jpg?twic=v1/output=image&v=2)
Is it possible to purchase real estate with $0 down in Canadian markets?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2275450/small_1696816474-avatar-pranayb3.jpg?twic=v1/output=image&v=2)
I came across a property in Texas i.e a lot has fourplex plus a separate unit in the back i.e total 5 units. Can this still be considered as a 4plex + ADU and get a conventional loan or it should be commercial loan ?