All Forum Posts by: Isaac C.

Hello BP community,

I had an inspection with the city today and when they checked the GFCI that are installed in two separate bathrooms, the inspector said it didn't pass because two GFCI outlets can't be in the same circuit. Anyone encounter this? How should I proceed? Can I replace one of the GFCI outlets with a regular outlet or that is not going to pass either? Thanks in advance!

@Colleen Cupp Hi Colleen! Nice to meet you!

@Bruce Woodruff hi Bruce! Thank you for your advice! You are correct, I will spend more time carefully vetting for this first rental property, as it should serve me well for the future ones.

@Matt M. Hi Matt! I haven't thought of it that way, it definitely makes business sense. I will stop hounding them for workers comp haha! Just remember a bp podcast about workers comp. Keep hearing it in my head haha

@Michael Voils thanks for explaining that Michael. What would you do to cover yourself agaisnt workers getting injured in your property? Umbrella coverage? A rehab insurance? Thanks!

Hello community,

I'm working on rehabbing my first rental property! Wohoo! But I have been running into a bit of a wall. I've started to contact a few GCs for them to come bid my property, but when I ask them to provide me with proof of license, insurance and workers comp, I get ghosted. Is it uncommon for them to carry those things?

I'm in the Rowlett, TX area. Anyone can help how I should approach the conversations so I'm not scaring them off?

Thank you!

@Brandon Sturgill

Hi Brandon, yeah the physician loans typically require zero to low down payments up to a certain amount and usually have no PMIs. They will also understand the higher debt to income ratio due to school loans. I'm just comparing and researching as many of the options as I can before making the move

Thank you everyone for your honest feedback and responses! The reason I am considering some OOS lenders is because when I was looking into Physician loans, I was connected to lenders that were all out of state. Perhaps physician loans are not as widely available or I just haven't done enough digging in my local area yet. I will continue to read and research, but I don't know if it happens to anyone else but I feel like the more I read, the more things come up that I don't know about. It's like going through infinite rabbit holes haha.

Hi @Eric Bilderback and @Andrew Freed for the replies. It sounds like I need to do more research into individual lenders and see which one I connect with best and would be the most responsive. Thank you all for your

Hi everyone!

My wife and I live in Dallas, Texas and we are new investors and new to BiggerPockets! We have been reading books/forum posts, attending webinars and listening to podcasts as much as possible! Just trying to absorb as much as we can! Definitely appreciative to this community and all the amazing content! 

We are currently finding a lender and we were wondering if anyone has used a lender that is not from the same state that they are planning to invest in? If we can get better rate/terms from someone that isn't local, then we should work with them? Or is it preferable if the lender is from the same state?

Thank you!