Peggy Liu There's a funny principle called "coinsurance," which is designed to create some space between the insured value and the real cost to replace a structure, given that the costs of things change all the time.  

If the tenant does not object in 15 days, landlord can deduct the amount of damages of the property with an itemized list of damage, company name, etc., sign and dated by the contractor, who estimated the damages.

I have spoken with my FHA Lender and he has told me that, to the best of his knowledge, FHA simply has a 6-month seasoning period where you can't touch the note, refinance, pay extra principle, etc.

Being able to understand at least at a fundamental level the underlying reasons as to why the market is heading in the direction that they are as well as what is driving your specific market/area and also the principles of supply and demand is essential in the due diligence process when selecting an area to invest in. (2) Psychology- Real estate is a people business!

Once it looks nice, then get it refinanced [most local lenders will go 75% LTV] this should get your principle back and maybe some extra cash from equity.  

Finally, for inanimate objects, properties do sure have personalities (and personality flaws.) 

The ability to buy-sell-buy-sell and snowball the balance is the main objective.2.

There are many, many possible solutions, but the path chosen will depend on the goals and objectives of each individual partner, on whether the individual partners are willing to cooperate with each other, on how many of the partners want to cash out and pay their taxes and how many want to 1031 Exchange, etc. 

Hello,I have a row house in Petworth, DC that I will be purchasing for $405k, looking at ARV of $675k, and wanted to know how much I should be paying for Builder's Risk Insurance and if these are adequate coverage.The quote I have so far are,Special Form CoverageReplacement Cost - $550,000$1,000,000 Premises Liability$5,000 All Other Perils Deductible/$7,500 Theft Peril Deductible$396.00 Monthly CostOrBasic Form CoverageRenovation ProjectReplacement Cost - $550,000$1,000,000 Premises Liability$5,000 All Other Perils Deductible$269.50 Monthly CostThe Basic coverage would cover; Fire; Lightning; Explosion (includes Sonic Boom and Water Hammer); Windstorm and Hail; Smoke; Aircraft and Vehicles; Riot or Civil Commotion; Volcanic Action; Sprinkler Leakage; Sinkhole Collapse; Vandalism/ Malicious Mischief.And Special would cover on top of Basic coverage;Falling Objects; Weight of Snow, Ice or Sleet; Water Damage; Collapse (Additional Coverage); Theft; Risk of Direct Physical Loss (subject to policy exclusions).Please provide your insight into whether this is adequate price/coverage.

Hello All,I was wondering if anyone knows of a reliable and effective crowd funding site (you used PERSONALLY multiple times) to fund part or [even] all of your real estate transactions, and whether it would be a sound decision in my particular situationIn my particular case, I am looking to do multiple double closings (wholesale) using cash buyers, fix & flip AND/OR rent with HUD propertiesMoreover, I had another idea to promote to investors/prospects within the crowd funding realm; I am thinking of purchasing a HUD property myself with the aims of converting both the building and the associated land into a commercial greenhouse facility and/or headquarters for a new company in sustainable systems installation and maintenance (aquaponic systems, vertical garden irrigation, solar heat/electricity)The ultimate objective is to figure out which path would be most effective -- as of rite now -- and run with it.