15% ROI, 5% down loans!”,”body”:”3.99% rate, 5% down! Access the BEST deals in the US at below market prices! Txt REI to 33777 “,”linkURL”:”https://landing.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6%7C64f0df50-1672-4036-be7b-340131b43ea4″,”linkTitle”:”Contact Us Today!”,”id”:”65a6b25c5d4b6″,”impressionCount”:”1008113″,”dailyImpressionCount”:”124″,”impressionLimit”:”1500000″,”dailyImpressionLimit”:”8476″,”r720x90″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/720×90.jpg”,”r300x250″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/300×250.jpg”,”r300x600″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/300×600.jpg”,”r320x50″:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/01/320×50.jpg”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Premier Property Management”,”description”:”Stress-Free Investments”,”imageURL”:”https://www.biggerpockets.com/blog/wp-content/uploads/2024/02/PPMG-Logo-2-1.png”,”imageAlt”:””,”title”:”Low Vacancy, High-Profit”,”body”:”With $2B in rental assets managed across 13 markets, weu0027re the top choice for turnkey investors year after year.”,”linkURL”:”https://info.reination.com/get-started-bp?utm_campaign=Bigger%20Pockets%20-%20Blog%20B[u2026]24percent7C&utm_source=Biggerpercent20Pockets&utm_term=Biggerpercent20Pockets”,”linkTitle”:”Schedule a Name At present”,”id”:”65d4be7b89ca4″,”impressionCount”:”709167″,”dailyImpressionCount”:”73″,”impressionLimit”:”878328″,”dailyImpressionLimit”:”2780″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Middle Road Lending”,”description”:””,”imageURL”:null,”imageAlt”:null,”title”:””,”physique”:””,”linkURL”:”https://centerstreetlending.com/bp/”,”linkTitle”:””,”id”:”664ce210d4154″,”impressionCount”:”424249″,”dailyImpressionCount”:”64″,”impressionLimit”:”600000″,”dailyImpressionLimit”:”2655″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_720x90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x250-2.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x600-2.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/CSL_Blog-Ad_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”BiggerPockets Lender Finder”,”description”:””,”imageURL”:null,”imageAlt”:null,”title”:””,”physique”:””,”linkURL”:”https://www.biggerpockets.com/enterprise/finder/lenders”,”linkTitle”:”Discover a Lender”,”id”:”664e38e3aac10″,”impressionCount”:”193687″,”dailyImpressionCount”:”19″,”impressionLimit”:”10000000000″,”dailyImpressionLimit”:”10000000″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/Lender-Weblog-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/Lender-Weblog-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/Lender-Weblog-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/05/Lender-Weblog-320×50-1.png”,”r720x90Alt”:”BiggerPockets lender finder”,”r300x250Alt”:”BiggerPockets lender finder”,”r300x600Alt”:”BiggerPockets lender finder”,”r320x50Alt”:”BiggerPockets lender finder”},{“sponsor”:”CV3 Monetary”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/Emblem-512×512-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://cv3financial.com/financing-biggerpockets/?utm_source=biggerpockets&utm_medium=web site&utm_campaign=august&utm_term=bridge&utm_content=banner”,”linkTitle”:””,”id”:”66a7f395244ed”,”impressionCount”:”224994″,”dailyImpressionCount”:”43″,”impressionLimit”:”636364″,”dailyImpressionLimit”:”4187″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/07/CV3-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Baselane”,”description”:”Advert copy A”,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/09/SquareLogo-MidnightOnWhite-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://www.baselane.com/lp/bigger-pockets?utm_source=partner_biggerpockets&utm_medium=Content material&utm_campaign=bp_blog_ad&utm_term=rebranded_v3″,”linkTitle”:””,”id”:”66b39df6e6623″,”impressionCount”:”193008″,”dailyImpressionCount”:”37″,”impressionLimit”:”250000″,”dailyImpressionLimit”:”1713″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/720×90.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/300×250.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/300×600.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/grow_business_not_to_do_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Baselane”,”description”:”Advert copy B”,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/09/SquareLogo-MidnightOnWhite-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://www.baselane.com/lp/bigger-pockets?utm_source=partner_biggerpockets&utm_medium=Content material&utm_campaign=bp_blog_ad&utm_term=rebranded_v4″,”linkTitle”:””,”id”:”66b39df70adac”,”impressionCount”:”208832″,”dailyImpressionCount”:”52″,”impressionLimit”:”250000″,”dailyImpressionLimit”:”1713″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/Copy-of-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/Copy-of-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/Copy-of-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/11/Copy-of-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:””,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-Emblem.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://hubs.ly/Q02LzKH60″,”linkTitle”:””,”id”:”66c3686d52445″,”impressionCount”:”226094″,”dailyImpressionCount”:”53″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”6173″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/08/REI-Nation-X-BP-Weblog-Advert-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”1-800 Accountant”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/Logo_Square_No-Model-Identify.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:” https://1800accountant.com/lp/online-business-tax-preparation?utm_source=biggerpockets&utm_medium=cpc&utm_campaign=tof&utm_content=banners_feb”,”linkTitle”:””,”id”:”67572ea6e4db7″,”impressionCount”:”81335″,”dailyImpressionCount”:”52″,”impressionLimit”:”89616″,”dailyImpressionLimit”:”5389″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/720x90BPver1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x250BPver1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x600BPver1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/320x50BPver1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”1-800 Accountant”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/Logo_Square_No-Model-Identify.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:” https://1800accountant.com/lp/online-business-tax-preparation?utm_source=biggerpockets&utm_medium=cpc&utm_campaign=tof&utm_content=banners_feb”,”linkTitle”:””,”id”:”67572ea706256″,”impressionCount”:”50866″,”dailyImpressionCount”:”35″,”impressionLimit”:”89616″,”dailyImpressionLimit”:”7872″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/720x90BPver2.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x250BPver2.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300x600BPver2.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/320x50BPver2.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”RentRedi”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/rentredi-logo-512×512-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://rentredi.com/biggerpockets/?utm_source=biggerpockets&utm_medium=accomplice&utm_campaign=banner&utm_content=pro_300x600″,”linkTitle”:””,”id”:”67747625afd7b”,”impressionCount”:”55261″,”dailyImpressionCount”:”54″,”impressionLimit”:”150000″,”dailyImpressionLimit”:”6201″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/BP-Weblog-Banner-Advert-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/BP-Weblog-Banner-Advert-300×250-1.png”,”r300x600″:null,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/BP-Weblog-Banner-Advert-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:null,”r320x50Alt”:””},{“sponsor”:”RentRedi”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/rentredi-logo-512×512-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://rentredi.com/biggerpockets/?utm_source=biggerpockets&utm_medium=accomplice&utm_campaign=banner&utm_content=bp2025_300x600″,”linkTitle”:””,”id”:”67747625c36bd”,”impressionCount”:”57770″,”dailyImpressionCount”:”56″,”impressionLimit”:”150000″,”dailyImpressionLimit”:”6201″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/720×90-BP-CON-RentRedi.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/BP-Weblog-Banner-Advert-300×250-2.png”,”r300x600″:null,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2024/12/BP-Weblog-Banner-Advert-320x50_1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:null,”r320x50Alt”:””},{“sponsor”:”NREIG”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/NREIGLogo_512x512-1-1-1.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://go.nreig.com/l/1008742/2024-12-19/53l7gf”,”linkTitle”:””,”id”:”677c225a7b017″,”impressionCount”:”57681″,”dailyImpressionCount”:”52″,”impressionLimit”:”1000000″,”dailyImpressionLimit”:”2874″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/NREIG-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/NREIG-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/NREIG-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/NREIG-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fairness Belief”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://www.trustetc.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_medium=weblog&utm_term=banner_ad”,”linkTitle”:””,”id”:”678fe1309ec14″,”impressionCount”:”37602″,”dailyImpressionCount”:”24″,”impressionLimit”:”244525″,”dailyImpressionLimit”:”758″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_720x90.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_300x250.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_300x600.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Maximize_RE_Investing_Ad_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fairness Belief”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://attempt.trustetc.com/bigger-pockets/?utm_source=bigger_pockets&utm_medium=weblog&utm_campaign=awareness_education&utm_term=advert”,”linkTitle”:””,”id”:”67acbacfbcbc8″,”impressionCount”:”27330″,”dailyImpressionCount”:”29″,”impressionLimit”:”244525″,”dailyImpressionLimit”:”758″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_720x90.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_300x250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_300x600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/ET_15-Min_RE_Guide_320x50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fairness 1031 Trade”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/1631355119223.jpeg”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://getequity1031.com/biggerpockets?utm_source=bigger_pockets&utm_medium=weblog&utm_term=banner_ad”,”linkTitle”:””,”id”:”678fe130b4cbb”,”impressionCount”:”44058″,”dailyImpressionCount”:”36″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”1446″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_720x90.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_300x250.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_300x600.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/E1031_Avoid_Taxes_Ad_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”RESimpli”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/Colour-Icon-512×512-01.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=blog_banner_ad&utm_campaign=biggerpockets_blog”,”linkTitle”:””,”id”:”679d0047690e1″,”impressionCount”:”42960″,”dailyImpressionCount”:”28″,”impressionLimit”:”600000″,”dailyImpressionLimit”:”3315″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300×250-2.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/300×600-2.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/01/320×50-2.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Hire to Retirement”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Logo_whtborder_SMALL-2.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://touchdown.renttoretirement.com/og-turnkey-rental?hsCtaTracking=f847ff5e-b836-4174-9e8c-7a6847f5a3e6percent7C64f0df50-1672-4036-be7b-340131b43ea4″,”linkTitle”:””,”id”:”67a136fe75208″,”impressionCount”:”47589″,”dailyImpressionCount”:”47″,”impressionLimit”:”3000000″,”dailyImpressionLimit”:”9010″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/720×90.jpg”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300×250.jpg”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/300×600.jpg”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/320×50.jpg”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Fundrise”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/512×512.png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://fundrise.com/campaigns/fund/flagship?utm_medium=podcast&utm_source=biggerpockets&utm_campaign=podcast-biggerpockets-2024&utm_content=REbanners”,”linkTitle”:””,”id”:”67a66e2135a2d”,”impressionCount”:”40334″,”dailyImpressionCount”:”34″,”impressionLimit”:”1000000″,”dailyImpressionLimit”:”3049″,”r720x90″:null,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Fundrise-300×600-1.png”,”r320x50″:null,”r720x90Alt”:null,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:null},{“sponsor”:”Kiavi”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Kiavi-Emblem-Sq..png”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:”https://app.kiavi.com/m/getRate/index?utm_source=Biggerpockets&utm_medium=Contentpercent20Partner&utm_campaign=Biggerpockets_CP_blog-forum-display-ads_Direct_Lead&utm_content=202502_PR_Display-Ad_Mix_mflow&m_mdm=Contentpercent20Partner&m_src=Biggerpockets&m_cpn=Biggerpockets_CP_blog-forum-display-ads_Direct_Lead&m_prd=Direct&m_ct=html&m_t=Show-Advert&m_cta=see-rate”,”linkTitle”:””,”id”:”67aa5b42a27c3″,”impressionCount”:”39139″,”dailyImpressionCount”:”43″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”1539″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/BP_blog_AdSet-720×90-1.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/Untitled-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/BP_Blog_AdSet_300x600.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/02/BP_Blog_AdSet_320x50.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””},{“sponsor”:”Realbricks”,”description”:””,”imageURL”:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/ga8i9pqnzwmwkjxsmpiu.webp”,”imageAlt”:””,”title”:””,”physique”:””,”linkURL”:” https://realbricks.com?utm_campaign=9029706-BiggerPockets&utm_source=weblog&utm_medium=banner_ad”,”linkTitle”:””,”id”:”67c5c41926c9f”,”impressionCount”:”24536″,”dailyImpressionCount”:”50″,”impressionLimit”:”500000″,”dailyImpressionLimit”:”5556″,”r720x90″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-720×90-2.png”,”r300x250″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300×250-1.png”,”r300x600″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-300×600-1.png”,”r320x50″:”https://www.biggerpockets.com/weblog/wp-content/uploads/2025/03/Weblog-Banner-320×50-1.png”,”r720x90Alt”:””,”r300x250Alt”:””,”r300x600Alt”:””,”r320x50Alt”:””}])”>
In This Article
A secret blacklist? It feels like one thing from a Netflix thriller. Nonetheless, that’s the situation unfolding when some rental homeowners have tried to promote their properties and investments, based on a report within the Wall Road Journal.
Described as a Fannie Mae-maintained “secret mortgage blacklist,” it refers to a listing compiled by the government-funded mortgage backer within the wake of the Surfside rental collapse in Florida in 2021 that killed 98 folks. Properties on the record are, within the eyes of Fannie Mae, in want of appreciable repairs or would not have satisfactory insurance coverage. A property on the record makes it tougher for a purchaser to get a mortgage for it.
The Journal article mentions actual property agent Paul Gangi, who was on the verge of closing his itemizing in Shadow Ridge, a 440-unit townhouse and rental complicated in Ventura County, California, in December. “I obtained a panicked name from the lender saying, ‘Sorry, we’ve simply discovered Shadow Ridge has been blacklisted,’” he stated. After attempting different choices for the mortgage, the client needed to again away.
Builders and Householders Are Struggling
The record has mushroomed to five,175 properties nationwide from a couple of hundred earlier than the Surfside collapse. Unsurprisingly, the states with probably the most properties on the record (1,400) are primarily based in Florida, with California subsequent, adopted by Colorado, Hawaii, and Texas.
Fannie Mae and its sister government-sponsored enterprise, Freddie Mac, purchase roughly half of the nation’s house loans from lenders and bundle them to promote to buyers, then assure funds on them. They’ve elevated their insurance coverage pointers to such an extent that lenders now need to examine whether or not a property within the two authorities entities will settle for loans on a particular venture. Though Fannie refused to categorise its property knowledge as a “blacklist,” in concept, that’s what it’s.
Insurance coverage Prices Are Crippling
The recommendation is easy for buyers occupied with transacting a property that could possibly be affected by the brand new pointers: Do your analysis and seek the advice of along with your lender earlier than making an attempt to get a mortgage. Even when your rental just isn’t on the record, the transaction may nonetheless run into hassle when month-to-month affiliation prices are calculated. Apartment affiliation board members say insurers have aggressively raised costs as a result of new Fannie and Freddie pointers.
Within the case of Shadow Ridge, the LA complicated blacklisted in December, a Fannie-compliant coverage was quoted at $2.6 million per yr, 10 instances its present quantity, making it nearly inconceivable to promote by a Fannie-backed lender and making it prohibitive to for folks to stay there. Nonetheless, the specter of one other Surfside or pure catastrophe has Freddie and Fannie eager to cowl their bases with ramped-up insurance coverage.
Causes a Apartment Might Be Blacklisted
There may be many alternative causes a rental could possibly be on the Fannie Mae mortgage blacklist, together with:
Structural or questions of safety that haven’t been addressed
Inadequate monetary reserves to cowl ongoing upkeep or repairs
Authorized points: Pending litigation may pose monetary dangers
Excessive investor possession: When a rental improvement is owned by a lot of buyers, it’s much less interesting to lenders.
Insufficient insurance coverage: Fannie Mae’s heightened insurance coverage calls for imply a constructing would possibly fail to satisfy necessities.
Easy methods to Navigate the Listing
You probably have completed your due diligence, had a rental inspected, and want to proceed with a purchase order—solely to find it’s on a mortgage blacklist—a couple of choices can be found to you:
Purchase the property for money or search different financing.
Ask the proprietor to self-finance, explaining that they might discover it tough to promote in any other case, as it’s on a mortgage blacklist.
Strategy Fannie or Freddie to debate their issues and ask for clear standards for blacklist reinstatement.
If the problem is repairs, see if the vendor is keen to undertake these for a brand new value.
The Insurance coverage Conundrum
Whereas repairs and financing may be mitigated to a level, elevated insurance coverage is the one space for which it’s arduous to discover a workaround. There are solely so many insurance coverage corporations; with out them, getting a mortgage is inconceivable.
Nonetheless, in disaster-prone areas like Florida, the place a lot of the properties on Fannie Mae’s “no lend” record are positioned, different insurance coverage varieties have surfaced. In an article titled “The Quiet Rise of Calmly Regulated Insurance coverage,” Bloomberg revealed that owners are turning to a kind of insurance coverage extra generally utilized in business actual property to guard corporations with distinctive dangers, reminiscent of fireworks factories and nuclear waste initiatives.
Known as non-admitted insurance policies, they’re flippantly regulated, not backed by the state (i.e., if the corporate fails, the state gained’t step in), and much more dear than conventional insurance coverage—which can defeat the aim of utilizing them. Nonetheless, within the face of a refusal of protection, a
full lack of an alternate, or sky-high charges, they could possibly be an alternate for some.
You may additionally like
In keeping with the article, between 2022 and 2023, non-admitted house insurance coverage premiums grew 27.5% in comparison with 13.8% within the admitted market. In Florida, between 2009 and 2023, non-admitted insurance coverage utilized by owners grew by 73% to greater than 92,000 properties.
Surplus traces insurance coverage is much like non-admitted insurance coverage in that it’s an alternative choice to state-run insurance coverage applications and is from extremely specialised insurance coverage corporations. The marketplace for the sort of insurance coverage is rising, notably in California.
Last Ideas
Should you plan to purchase or promote a rental, you’ll want to perform a little research, notably for those who stay in one of many states most affected by the mortgage blacklist. Because the record isn’t publicly obtainable, checking a property’s standing will imply contacting the rental affiliation or lender.
Additionally, examine the HOA financials to make sure there are money reserves and that upkeep points are being taken of. If an investor plans to purchase a improvement, examine to see if the proprietor has a latest structural report. If not, it’s price investing in a single.
The value of insurance coverage will stay a problem for buyers and owners alike. Prices are spiraling uncontrolled, making affordability and money movement tough. Fixing the disaster would require some kind of federal or state intervention; in any other case, the housing market in at-risk states like Florida and California could possibly be in massive hassle. Nonetheless, given the present local weather surrounding authorities funding and Fannie Mae itself, that’s removed from a certainty.
Discover the Hottest Offers of 2025!
Uncover prime offers in at present’s market with the model new Deal Finder created only for buyers such as you! Snag nice offers FAST with customized purchase packing containers, complete property insights, and property projections.
Jeff Vasishta
BiggerPockets
Profession journalist and lively actual property investor who has written for publications over 20 years.
