This pertains to Eastern North Carolina, I have a property that is NOT in a flood zone but I have considered getting flood insurance due to the severe weather here in the Summer months and heavy rain, however, the low...
Hi everyone!
I am seeing that FHA has been commonly associated with house hacking. Is this simply for the lowest down payment possible? Would you still have to live in the property for a year with a 5% down conventio...
Hello!I'm very excited to be entering into the REI journey and have loved all of the content on here already! I work full time and am currently attending showings in the hopes of finding my first multifamily property...
I'm wondering the true risk on resale of a RI home in a severe flood warning area (7/10 according to Redfin)? The insurance is roughly $120/month. Is there anything else I should be considering?
Hello All!After 10+ years of managing the maintenance side of multifamily housing for military, private, market and now currently D.C. tax credit housing, for other people, I'm now going to start doing it for myself!I...
Hello BP,
I am purchasing an investment property from the owner himself, who is also an investor. He is requiring the flood insurance to be paid for the year at closing but the property is not in a floodplain. In fac...
I am looking to purchase a note that was originated in Ohio. I will be holding this note in my 401k as an investment. Does anyone know if I need a “lending license” for such a transaction in Ohio? I do not plan on br...
A year ago I bought a duplex with conventional financing. Being in a flood zone, I had to buy the first year flood insurance up front. Well now I am required to pay for it monthly and it’s way too expensive. Almost $4...
Im taking a Property Quant Class to analyze real estate. As a capstone project I would like to analyze multifamily returns. Given that most of these are private not sure where to look to see what data is available to ...
Anyone ever considered investing in a commercial property located in a FEMA designated AE Flood zone? I've got an opportunity to invest in one now and I'm not sure I want to take the risk. The seller said the Floor ...