Apparently they make their income by offering to sell the tenants insurance and of course those who pay the $25 fee.

On 8/21, after this loan was approved their attorney reached out to me. 8/21 all docs were resubmitted for them (We had to resubmit the same docs 3X during this process, FYI), 8/29 all insurance docs sent to lender and changes made to policys by my Insurance agent to satisfy lender.

Things like appraisals, inspections, draw schedules and insurance requirements can REALLY affect your bottom line. 

KW is around $100/month in fees, much of it for E & O insurance and the digital signature subscription.

I’m going to wait until I’m an accountant and have a stable, decent salary before I jump into real estate.

Let me guess... your buyer is not purchasing owners title insurance.

For what it's worth, I think duplexes in Chattanooga represent a great starting point since it's still possible to buy them in stable areas in the 100 to 120k range and get rents at or above 1% of purchase price.

Key words: Thurston County, Lewis County, Pierce County, Mason County, grays harbor county, contractor, GC, Tenino, Washington State, Seattle Since you had a structural engineer look it over and give you instructions, when there is a problem in the future and the insurance company or the judge asks you if you had anybody inspect it, and you say "yes" they will then ask what you were instructed to do.

Loan Details: Pre-qualified for a $150,000 30 year conventional loan with 3% down, 5% interest rate, $95 PMI, estimated $100 insurance.

I used to sell insurance and the people I worked with wrote one policy in front of me, refused to let me take notes, and sent me off to get slaughtered.