When looking to obtain "cash-out" refinancing on a 4-Unit Multifamily Property, how do lenders think through sizing the loan? Is it based on residential methodology (e.g. market comparables) or more so commercial meth...

I am trying to get some feedback. I have been doing a lot of reading and listening to podcasts on rental property. I wanted to get some open feedback. I am looking to purchase my first condo to turn into a rental prop...

I’m pursuing my first rental property and I have questions/concerns on how to go about it. There’s a property in Houston that’s appraised at 121k. The seller is will At 85k. The roof will need to be replaced as well a...

For those of you that are interested in hearing stories about NPNs, I wrote one on my BP blog here:https://www.biggerpockets.com/member-blogs/11308/86305-npn-story-mother-bails-out-deadbeat-son(It's a little bit long ...

I am currently a soon to be senior at CWRU planning on staying for a fifth year for my masters. I am interested in buying a multi family near campus (within a mile or two) for my fifth year. I realize that I can do th...

I have bad credit right now, I’m recently recovered from Alcoholism and starting to get my life back on track. How important is building a good relationship with my bank? Will they offer me a loan after having multipl...

Can someone explain to me in dept, what a short sale is.

So I was bored this afternoon, flipped through the TV channels and inevitably ended up with HGTV, showing "For Rent". What I don't get: That girl finds the tenants some apartment, and then has all these "improvement" ...

Hi
I am a newbie, I have a approved Short Sale in Bermuda Dunes California, My tenants are the buyers unfortunately the broker just told me that they do not qualify for a loan. They have income but had a foreclos...

Hi people!I don't know but my gut tells me this deal is good. I'm not sure how to analyze the numbers because the area's sold homes have sold much higher than sellers asking price. I asked him if the area is exact and...