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Results (6340)
Jay P. Debt Service Not Paid by Property Cash Flow
5 October 2015 | 6 replies

If you pay your debt service from money earned outside of the property's cash flow [W2 income], do lenders consider that or do they look at the numbers from the property as all inclusive to the property?

David Fair Reverse Mortgage and MIP
25 January 2014 | 6 replies

We have a seller who has POA for his mother. They have a home with a reverse mortgage and the home is currently upside down. The home has damage from a hail storm in 2012 and they have been involved with a law suit...

Paul C. Insurance Tax Deduction
9 December 2013 | 4 replies

I've been reading IRS Publication 527 to better understand the tax accounting for rental properties. I'm not sure how to interpret this statement about insurance:

"Insurance premiums paid in advance. ...

Mylan J. sticky situation. ADVICE NEEDED
30 November 2017 | 4 replies

1. Fix & hod property has a lease signed with tenants to move in 3 days later.2. Property on a hard money loan with documents currently being drawn upo fir a long term refi with a credit union3. Insurance is still...

Travis Moe What is going on with insurance in FL?!?
16 May 2022 | 7 replies

BP-Can somebody help me understand what's happening in FL with insurance on rentals? I have a detached duplex in JAX and I can't get a reasonable quote. My existing insurer pulled coverage and exited the FL market ent...

Jarreau Jackson Should I cancel my HOI now that I've converted my Primary to an Occupied LTR?
20 February 2023 | 3 replies

Hello BP Fam - A low-hanging fruit question regarding insurance on an SFR.  I recognized when reviewing the performance on one of my rentals that I may be overly insuring my property.  My goal is to maximize the NOI. ...

Adam Stone-dare Business insurance?
20 October 2008 | 4 replies

here's a dumb question I feel like I should already know the answer to but do I need to purchase Business Insurance if I am going to rehab properties or just insurance for the actual rehab-builders risk, vacant dwelli...

Kent Verge Insuring PEX in Florida?
26 January 2015 | 8 replies

A plumber came out the other day to give a quote on the work in my rehab, and he said that there's only one insurer (that he knows of) that will insure against damage caused by PEX plumbing. Sure enough, our insurance...

Jake Hottenrott Mobile Home Appraisal/Valuation
31 August 2014 | 4 replies

Quick question for the masses.  What is the best way to go about getting a reliable valuation on a mobile home?Since mobile homes are personal property (i.e. automobile) the sales records are not as readily available ...

Anthony Jones Are 2 years worth of W2 returns needed to obtain a loan on home
28 August 2022 | 8 replies

I read somewhere that before be able to start to purchase a house and then go through the BRRR process, I first needed to have 2 years worth of W2 forms if I wanted to take out a loan and able to refinance after the s...