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Hello All,Can I have some pointers on what thresholds are typically required for ROI that HML/PML strive to achieve when reviewing and approving the lending for a deal? For me, I'm looking at cash flow and long term a...
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Hi everyone !I currently only own 2 family properties purchased with a traditional mortgage. I am curious how the loans work for purchasing a larger (6 unit) property . What are the typical down payment percentages an...
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Hello everyone , I am in the process of buying my first rental property. Today I am going to see three properties in Bound Brook New Jersey. Bound Brook New Jersey is in Somerset County. What is you advice on buying p...
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Hi Memphis Investors,I have a question about Insurance in the memphis area. All my quotes are coming back at over 100.00 a month. Is it something I'm not telling the agent that could get this number down?Thanks BP
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As many of you are aware, if you own a building in your own name, 1-4 units, you can often get great "FNMA type" financing where you get a decent interest rate, lower DP, and literally locked in with no rate changes f...
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Do flippers need to get home insurance on their projects? Typically projects that are bought, flipped and sold within around 4 months from scratch to end.
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My tenant potentially could be getting a dog that my insurance will not allow as an emotional support animal. Will I need to change insurances? What are my options?
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Hi All,I need some help from experts in the forum.
The insurance company is not a std/one 25 companies in USA. It is small company.
My insurance company approved roof replacement and send me 30% payment with mortga...
Hello!
My husband and I will be relocating back to the States after living and working abroad for over a decade. We are ending our current work contract and are (hoping to) not looking to get a W2 job, but instead wo...
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Hello gang,I would like hear what experienced investors (particularly experienced wholesalers) have to say about quit claim deeds. It is my understanding that quit claim deeds provide a means of offering a motivated s...