James Corr
How much/type of insurance is right for a 2unit in Philadelphia?
Hey BP,
My wife and I are purchasing our first property with the goal of purchasing more in the next 12 - 18 months. While we are young, this is our first property and we're somewhat risk adverse. At the same time, ...
Tope Babs
Title company withholding documents
Hi all, I am fairly new to BP and focused on Rental properties. i recently decided to invest in an already tenanted property out of town through a broker who collected a separated "finders fee"
my issue is since the...
John Moon
Triplex with 1 tenant
I have a triplex that I am pursuing. One unit is occupied and the other 2 units need rehab (1 major, 1 minor). I'm trying to figure out what would be the best way to insure this.I've gotten a quote, but they're chargi...
Meera Lakhavani
Expected downpayment for multiunit investor mortgage?
Hi BP family!I am trying to buy a duplex in the southside of Chicago (Woodlawn). I always thought an investor mortgage was 20% down, but the lender from Perl mortgage said it is 25% down for a multiunit.Does anyone ha...
Marc Wong
Transient investor looking to get back into the game
As a long-time intermittent lurker and part-time real estate investor, I thought it was finally time to come out of hiding and reengage my focus toward building our real estate portfolio. So hello everyone, here's our...
Bob Anthes
Do I need different insurance for STR vs long term rentals
I’m in the process of converting my long term rentals into STR in FL and NC. Do I need additional or a different insurance policy being my homes are now STR?
Anthony Gallagher
Looking for Licensed Property Managers in Brooklyn
Hi we have a 2 unit building in Brooklyn (Bushwick/Bed Stuy 11207) and are now living out of state. It is fully rented until September 2022. We're considering using a property management company. Does anybody have a...
Maceo D.
Insurance Coverage
Hello, I am trying to get quotes for insurance on my first rental property and want to get opinions on what I should get. This information comes from USAA if that matters. I am doing mid-range deductibles (I see...
Andrew Syrios
Habitat for Humanity house quality
Anyone ever bought a home that was originally built by Habitat for Humanity? Looking at one from the mid 2000s and just wanted to see what your all experience is with them. I know they have professional architects and...
Account Closed
Doing Wrap Mortgage
If i do a subject 2 and seller financing, do i give the title to the buyer and lose my advantage in depreciation, tax advantages and appreciation/equity? Then does it go the same with lease option?