All Forum Posts by: John S.

@Don Konipol, in that case, if you do conventional financing and get title under your name, and then quit claim to your LLC or other entities, would you essentially always be covered by title insurance? I assume you will only have issue from the past history titles but since you are insured from the time of purchase then you should be good.

I was also concerned like Steve, if quit claiming, removes your title insurance.

I noticed that when I wish to refinance my properties (mostly to follow the BRRR strategy) that the lender always ask if I have made any improvements. They even sometimes ask for the dollar amount that I use.

I'm wondering if any of you had this experience and I'm also wondering if I were to use a dollar amount even higher than my actual costs for the remodel would that mean they would have more push to the appraisal to get a higher number on the appraisal

Hi all, 

I was interviewing different property management companies since I am investing in a new area and I believe I found the right one. He mentioned that we should point signs up with his company so they can gather a waitlist when a tenant moves out. I actually this is a very nice idea and I know this isn't new but it is to me! So, I was wondering, is that something you guys use in your interviews with property management? I assume this technique will only work in areas with 2+ units though. It would seem strange to have a property management sign in a nice SFH neighborhood.

@Bob Maleckiif the buyer is late on your seller financing terms, can you still call the property back to your name?  I'm looking at doing something similar in florida but I heard FL has long foreclosure laws so I'm not sure if its a good idea to put it under buyer's title.

I know properties bought through bank-owned or REO usually require major renovation and fixing him. I wanted to see if anyone has bought a house that was bank owned or through REO and then seller financed it. If so, my question is, were you able to insure the property? I assume for seller financing you always want to get insurance since you are still on title but what if your property is in a pretty poor state. can it still be insured?

Let me know your thoughts!