Losing pmi didn’t cover the difference in new rate.

This will save you the time and aggravation of having a commercial account (since the utility is not in a living space) with deposits and monthly connection charges, etc.I offer a $10 monthly credit (via addendum) which is more than enough to cover the electrical usage many times over, and my tenants appreciate the transparency and the slight cash flow on their end.Our local utility (Nat.

That way we would have all bases covered regarding the flips.

But most of the people who were being foreclosed on were home owners not investors.So to protect yourself, make sure that you can cover payments when vacancy goes up and make sure you are cash flowing enough to cover expenses still if the rental prices dip a little and save some of the cash flow for an emergency fund - maybe 5k per unit. 

after 2 months wasting time and had move out before i could refi with quicken loans they quoted me 60 LTV for my rehabbed 3 unit. seems low for 720 credit score and noi per month of $1300ARV is $195kput 35k into it fi...

Late on a Sunday evening I saw a short sale pop up on Redfin of a house with no pictures in Palos Verdes Estates.  

Nevermind, finally found the information about this on here, already covered.

That should cover one months rent. 

My agent also said they are only willing to take off $500 for the damages which wont even cover the materials for the flooring.

@Ryan Moore,Ok, those reserve are not required to sit in your LLc account without earning anything.The whole reason we have reserve is to cover unexpected expense.