We've put a lot of time, energy, and money into our infrastructure over the past months and downtime should be very close to zero at this point.

I'm very opposed to doing zero interest notes, but not in this case, if it's zero you won't have any interest deduction expense making your statement true.It's not for you to explain to the seller that the transaction must be reported by any title/closing agent.

Returning to its pre-2001 policy, the FHA will no longer cancel FHA MIP once an insured mortgage reaches 78% loan-to-value (LTV).

Financing is super cheap right now and the ROI from leverage is really good right now.I understand being debt free on your personal property but maybe you might want to look further into the pros and cons of being mortgage free on all of your properties.Of course, it al depends on your risk tolerance and investment goals.Good luck

I would not do it, but I have a low tolerance for waiting in traffic, and do everything I can to avoid rush hour.

It didn't matter to me though.I wouldn't buy a property from my mother without an ALTA Title policy so fortunately, and to the relief of my agent, I was covered and my sale went through on time with only this little hiccup.

Let the Title company handle the payoff to the 1st mortgage company and your new lender will also probably getting a policy to cover them at this time as well.

I would suggest that you look into what "co-insurance" your policy/quote has.

William, to my knowledge, you'd need to go to a lender that may provide an insured loan, I don't believe you can go directly to an insurer and get a policy of some kind and take that to a lender.Usually, commercial lenders only require it when a deal is over 80% LTV and on much bigger projects like a mall or large hotel, maybe 300 apartments.Since there are different types of coverage the underwriting will be different, specific to the deal.

I believe all you need is the proper liability insurance and landlord policy.).