I've heard this concept thrown around the RE industry a few times, curious to see if anyone has actually done it? I have a lot of capital tied up in properties, has anyone used life insurance policies and self directe...
I have a Freddie Mac Loan managed by Wells Fargo, I am being told that I am not allowed to transfer my title to an LLC. Is there a work around this?
Hello,I have a general question on title insurance while refinancing with the same lender Since the existing lender already holds a title insurance at the time of purchase, is it still required to get title insurance ...
Hello,I have 6 properties under one of my LLCs, all of them insured with DP1 policies including $300K liability coverage. Recently I read a post recommending getting extra liability coverage through a commercial umbre...
In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...
Anyone in North Idaho, Spokane Washington area with a recommendation for an Umbrella and duplex rental insurance? I have gotten quote with Northwest out of Coeur d'Alene and it was in the thousands per year, not sure ...
I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...
I have my portfolio setup in a fairly complex, but prudent way. I have a main LLC, which is a c-Corp. It controls the financial reserves, expenses and payroll. Each property is in it's own LLC owned by the main LLC...
Hi BP. I currently have about 8 rental homes under an LLC. 2 are being rehabbed and do not pass the four point inspection and are vacated. I have contacted several insurance agents for quotes/coverage strategies an...
Hi all. I've been purchasing properties to hold and rent for almost two years now and am not quite sure how to handle the property insurances coming due. When I purchased these properties, I paid for the homeowners ...