Brad Birky
Buyers can't get financing due to zoning
27 August 2024 | 12 replies
.); the percentage of damage to the Improvements at which the Property’s jurisdiction will require the Property be rebuilt to current zoning and land use requirements (i.e., the destruction threshold); which Property characteristics the destruction threshold percentage applies to, such as market value, assessed value, replacement cost, or unit count; for Properties with multiple buildings, if the destruction threshold percentage applies to each building, or all buildings as a whole; the replacement cost to rebuild per current requirements for zoning, and land use; the Property’s continued marketability, and economic viability; the amount and type of Borrower-maintained insurance coverage required per Part II, Chapter 5: Property and Liability Insurance, Section 501.02C: Ordinance or Law Insurance; insurance loss proceeds payout, compared to increased rebuilding costs, including from building code changes, Americans with Disabilities Act compliance, and the municipality's local zoning requirements (e.g., green compliance for new buildings, etc.); the sufficiency of estimated insurance proceeds from ordinance or law insurance and other coverages to repay the Mortgage Loan in the event of partial or full casualty, or condemnation; and for a Tier 3 or Tier 4 Mortgage Loan, if requiring execution of the Limited Payment Guaranty (Form 6020.LPG) would mitigate the risk of the as-rebuilt Property not supporting a Tier 2 Mortgage Loan.
Eric Sandmann
Water Damage From Leaky Roof - HOA Responsible for Roof
22 August 2024 | 0 replies
The roof begun leaking this week and has caused water damage to the ceiling of my unit and I notified the HOA of my issue on Monday.
Albert Johnson
Can I add cameras to my multi family property?
25 August 2024 | 8 replies
Would cattle coming onto property that may cause potential damages be a good reason due to gate being open?
Cecilia Hagan
Insights on Pet Ownership with Renters 2024
26 August 2024 | 2 replies
I know that pet damage is a big concern for many self-managing landlords.
Cameron Fowler
Out of State Investing Locations
28 August 2024 | 32 replies
Soon the DNS starts issuing fines to the owner, but the collateral damage to the neighborhood is already done.Abundant cash flow is a myth, especially if you invest remote, pay a PM and you are buying 100-year-old buildings with financing.
Alazar Wubet
Neighbor harassing workers
26 August 2024 | 4 replies
Ask for restitution for damages and delays.
Jonathan Pechmajou
No Application, Rental property
26 August 2024 | 11 replies
Why pay $2,000 more and then run the risk of damaging the kitchen table or spilling wine on your white chair and having to pay for a replacement?
Jenna Bamlet
Business partner separation
28 August 2024 | 17 replies
Further, set a demand for a HUGE amount of damages.
Marcus Griffin
Buy subto sell via wrap question
27 August 2024 | 15 replies
Then lastly, a notice of foreclosure.During this time, the mortgage is continued to be paid and there is no damage to credit.We will then deed the property back to the seller/borrower and show this to the lender.
Nina Zou
How much pet insurance coverage I should ask my tenant to carry?
24 August 2024 | 1 reply
Also how much pet damage insurance I should ask them to carry or do I just need to make sure their renter's insurance covers pet damages?