Will Chitwood
Mortgage Company Requiring Insurance in Personal Name
We own all our properties in LLCs with mortgages in our personal names as we switched them to the LLC after purchase. We never had problems with mortgage companies accepting the insurance in our LLC names until this y...
Rob Swan
What info for private investors?
In addition to using bank loans and hard money, we've also approached people for private investments. So for example offered 10% after 12 months if someone puts in $5,000. This has been pretty straight forward so fa...
Michael Limina
Flipping and Home Owners Insurance
Perhaps this is a silly question, but here it is: if I plan on flipping a house, should I take out a home owners policy on the house for the duration of my ownership?
Thanks
Luke Glaze
Help me structure
Hello experienced investors,I have a question regarding how to structure my investments moving forward. I am a fairly new investor and I have "house hacked" my first three properties. We have been able to purchase eac...
Cody Jackson
Rent Compensation during structural repairs
I have a rental condo where, after heavy rains, water got into the walls. The HOA has started on the repairs and cut out the wet drywall and used blowers to dry the rest. The unit is safe and habitable but still open....
Yvonne Mitchell
Passive income
Hi everyone! I'm new to real estate and I had some questions. I wanted to know what would be the average percent that you would go up on rent if you was to subject to a deal to a tenant? Example: mortgage-800 so shoul...
Kirby Davis
When financing under a conventional mortgage, best protection?
When financing a property under a conventional mortgage, which requires the loan be under you personally, how do you protect yourself legally? Obviously a conventional mortgage offers the best terms, which can improve...
Account Closed
PMI
I am/ was in the process of refinancing a duplex which was done by a local credit union and held as a portfolio loan. The mortgage officer told me I would need to pay the LTV to remove PMI and put me in touch with mor...
Mitch H.
via The Hill: "The Federal Housing Administration, the next housing crisis?"
The Hill: The Federal Housing Administration, the next housing crisis?This article popped up in my feed this morning. Have any of you guys read it?I know a lot of people on here are huge proponents of FHA financing, ...
Frank Hopkins
Buying my first Mobile home rental
Good morning,
I currently own several single family home rentals and I am considering buying my first mobile home to rent. It’s on owned land and I can buy it right. Any input from those who own mobile homes as to th...