Bundled/Packaged policies most always include better coverage and benefits and the cost savings is usually 20% on each policy.

Recently tried to get quote for my sfh for rental property policy from a broker and received feedback below:Broker quote:Mercury – declined due to roof over 25 years with no updates.Safeco – wants to package your home and rental property in order to quoteModern – declined due to property located in an area where coverage is no available.Allstate quote from Bamboo company:Rental property policy quote Bamboo sfh $2,297 $5,000 deductible Current policy StateFarm sfh $1,458.00 $2,000 deductible StateFarm duplex $602.00 $2,000 deductible I feel it’s time to replace sfh roof since it’s 25 years old.

We are also replacing all the kitchen appliances with a new stainless steel package (fridge, dishwasher, range, and built-in microwave) in each unit.  

There are multiple options available for screening packages; tenant involvement/no tenant involvement, instant reports, hand-compiled reports, and even income verification.You can find further information by going to Tenant Screening under the Tools tab.Best of luck to you!

His pitch was that he works with Delta Airlines and others that attract foreign travelers often for longer stays as part of a package..

They also randomly check for proper signatures authorizing you to pull the reports on your application documents, so you need to keep all application packages at least a couple years.

@Anthony FreemanA lot of bad information on this postMortgage brokers typically get paid commissions through origination fees on the loan.Lenders also get money from the commission then they package the loan up and securitize it and sell it.If the broker or lender are not ethical or do not follow federal guidelines the loan known as “scratch and dent” will not be accepted by Fannie or Freddie and the lender must keep itThe lender, who most likely is a correspondent or wholesale lender - which they may borrow fthose funds for a short time, are not in the business of holding loans and therefore will sell it, for example we see around $200M a week on scratch and dent loans for sale.

For the landlord leases if you click on tools -> lease agreement packages and scroll down to your state that where you will find them on BiggerPockets.

You need to go to a builder that builds these types of buildings.Once you have an idea of the cost and what is involved and you know the project is feasible you then need to put together a complete package for the banks including your financials, a business plan for the project, plans specifications and contracts etc. 

A lender should try to earn your business by the loan package they offer and wanting you to move forward with them because you can't pass up on their rates/down payment/fees/hard money extension limits, etc, not asking you to give them money to confirm you really want to buy a property.