Our insurance broker of the past 5 or so years recently started charging an "Agency Fee" for writing a new policy. Has anyone else seen this of late? This is on top of the regular policy premium which typically incl...
Hello Fellow BP'ers,
What are some ancillary businesses/companies that typically choose to locate close to Amazon Distribution Centers? Most specifically, companies with light industrial uses.
Also, using historic...
I'm a new investor and am working toward my first non-performing note deal, but of course it's not straight forward. The numbers work for me and I'm working through my due diligence, but I won't be speaking with my a...
Hi All,I guess I will start by describing my situation. Last year I purchased my first single family rental property with a standard 20% down payment. The loan amount was below the lenders typical threshold, but they ...
Hello all BP'ers!I am looking for a financial advisory to help me with my roadmap in the REI and FI world. I have a lot of work to do and need some help. The financial advisors I have consulted with so far have been m...
I've noticed that financing an investment property, either SFR or Multi-Family, whose asking price is lower than 50K seems somewhat frowned upon with lenders. I've seen a few companies who will not lend on properties ...
Hi,I'm starting out and trying to diversify. I have some good funds saved up and looking into private lending. I appreciate any thoughts on how to get it going?Thanks,Stan
I'm a 23 year old college student. When I get out of the military(officer). Instead of buying a home, I'm confident, that I'm buying a 4 unit owner occupied, live in one and rent out the other three. Hopefully, If I...
I am about to purchase my first rehab property (hiring out all the work though, not doing it myself), and I have a few basic insurance questions:
1) Is there a difference b/w builders risk and vacant property insuran...
Hi all! I'm trying to understand how a cash out refinance typically works.
Let's' say I've refurbished a property, its ARV is $100,000, and a bank will offer a 70% loan-to-value cash out refinance.
Would this mean I...