All Forum Posts by: Kevin Zhang

@Jaideep Balekar

Ok deal 1, how did you get bank finance if those are in extremely distressed condition...?

One lender told me for the 7th residential mortgage onwards (till the 10th one), I have to put down 30% minimum down payment and I must have 740 credit score...Is it true? If it is, what would be the alternatives? (Seller financing, commercial loan etc...??)

I'm interested in too

Interested in meetup too! I'm a local buy & hold investor

@Scott McGurk Is this meeting still on?

@Rahul D. Progressive home site offered water backup and sump overflow policy

@Nik Moushon thank you for your reply. I got a quote for both ACV and RCV

RCV annual premium $2,900 - which has deductible $1K; total coverage amount $450K with premises liability $100K; water backup of sewer or drains

ACV annual premium $1,700 - which has deductible $2K; Dwelling coverage $180K (which is the purchase price) with personal liability $300K; loss of rent $18K; living expense $18K

Additional questions:

- Do you think the rate above is reasonable? My budget before is $1,200 a month but looks like I will have to spend more

- Any other elements that I should add to the policy?

- What's your thought about RCV vs. ACV?

Looking forward to the insurance session! I have a 1920-built triplex and a 1924-built triplex which I'm searching for landlord policy for. 

Multi family triple rental, 1920 built, Indiana, roof less than 10 years, with finished basement, vinyl siding. Looking for monthly cost <$100

Need a handyman who is responsive, not so pricey, and good at small repairs in Indy.