All Forum Posts by: Alden Baldock

Hi BP! I have been doing some research on Loss Assessment Insurance for condos. I have a family member who owns a condo and has loss assessment insurance. He has gone through two large assessments (roof and flooding) and has paid almost nothing out of pocket due to this. I understand there are premiums associated with any insurance, but does loss assessment insurance mitigate the risk that keeps a lot of people from wanting to invest in condos? 

Thank you all for the advice. Looking into mortgage brokers currently. I’ve made note of both recommendations as wrll

Thanks @Joe Funari. Building up that list of lenders currently and plan on reaching out all at once over the course of the next week.Thank you for your insight and advice!

Hello BP!

I am curious about lending options in the DFW area. Does anyone have wisdom to share about good experiences you have had acquiring a conventional loan?

Thank you!

Hello BP!

I am curious about lending options in the DFW area. Does anyone have wisdom to share about good experiences you have had acquiring a conventional loan?

Thank you!

@Dena Puliatti So would it be safe to assume that the $500k cap to 1031s would not affect most newbie investors who are looking to get into single-family, long-term holds? I imagine most that are starting out are not going to see gains of over $500k until they are pretty deep into their investing career.

@Ryan Blake Thank you for posting those events! I'm curious to get out and find a mentor/make connections, like Trent. Would love to be able to connect. I am in the HEB area but have lived in DFW my whole life and am thus interested in investment opps all over. 

@Trent Danelski As a newer investor myself, I am in a similar place as you are. Congratulations on finding a mentor and I appreciate the words of encouragement! Excited to keep learning, making connections, and getting closer to that first deal.