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20 March 2019 | 9 replies
This is as of march 20th, 2019 of course.Additionally here are some important advantages with VA financing you have over other loan products:- there is no title seasoning on VA so as long as you can document the value increase that has occurred either through your value adds or through the market increasing purely from buying a good deal you can refinance right away even for a cash out refinance unless conventional which requires 6 months and FHA which requires 12 months to use market value- VA can finance up to 100% of your property's value which allows you to avoid lower appraisals as with conventional or FHA you have to get minimum 2.25-5% equity in order to refinance- VA funding fee which is often pretty pricey (bordering hard money in terms of points charged 2.15 - 3.30 pts financed) can sometimes be waived if you have service connected disabilities or receive disability compensation for service connected injuries so check into this- make sure you save all your contractor invoices and receipts so you can document the improvements especially if there is a very large gap between what price you paid versus what value you're pushing for on your appraisalHope that helps and good luck on your BRRR.
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4 October 2018 | 3 replies
policy #1 $3496 for 2 single family and a duplex $1000 deductible $1,000,000 liability 50% replacement Policy #2 $5713 for 2 single family and a duplex $1000 deductible $1,000,000 liability 80% replacement and personal injury and loss of rent.would love to get some opinions.
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5 October 2018 | 10 replies
Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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15 November 2018 | 4 replies
It also carried insurance coverage for common areas and pools and hot tubs which covered injury, accidental death, errors and omissions.
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24 October 2018 | 19 replies
What the evaluation for the Series LLC is not if the state you live in has one, it is if the state you are going to be sued in (where the property / injury occurred) recognized the internal liability shield.
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22 October 2018 | 0 replies
However due to a work related injury, I'm currently on FMLA at my job only receiving 66% of my regular income without tax withholding until at least April 2019.
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22 October 2018 | 0 replies
However due to a work related injury, I'm currently on FMLA at my job only receiving 66% of my regular income without tax withholding until at least April 2019.
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5 November 2018 | 5 replies
Personal Liability: For claims due to Bodily Injury or Property Damage that you becomeLiable for and which is covered under the policy.
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26 March 2019 | 5 replies
Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.
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10 April 2019 | 14 replies
Same thing with job loss, sick children, injury, car trouble etc.....None of it & I mean none of it matters.