Most condo communities have a master policy (hazard and flood), however, if the property isn't insured fully or the Deductible is really high or God forbid the association in Florida decided to forgo flood coverage due to a LOMA (being mapped out of the high-risk flood zone).

A colleague and I are looking to partner up in buying 2 or more of the properties in this community (https://rsicommunities.com/find-new-homes/communities/42/prado/welcome) with 25% down and turning them into rentals.

Hello BP community!

I’m helping a client buy an MPDU resale condo in Clarksburg for $171,046 - in a community that average prices for same house is anywhere from high $300’s to low $400’s. 

However, if you go with an on balance sheet loan (portfolio loan) through a community or local bank you should be able to get a product with no seasoning requirements. 

I've been looking into tiny home communities and investing in that market.

Good morning BP community!

Hey BP community, newish investor in Spokane WA, looking to expand my portfolio, I have 2 long term rentals now and I’ve decided to stop viewing it as a HOBBY and treat it like a business.

Hello BP Community!

Hello Bigger Pockets community,I have a question and perhaps others have the same question so I thought I'd post it and see what the wise folks here think.I accepted an offer on one of my properties and am giving the buyer a subsidy ("help with closing costs" as part of the deal).