Jim Breedlove
Insurance: Program Business for Single family rentals
I've been checking around with several Texas agents to to get insurance for 8 single family rentals in the name of the LLC that owns the houses. A couple of agents have suggested getting coverage under surplus lines...
Casey Moen
Degree/Certification
My husband and I have had a long term goal of investing in real estate and just recently started investing. We purchased five houses last year, all of which are producing positive cash flow. I just recently separated...
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HUD/VA home FAQ
Found this FAQ, thought it might be of interest:
HUD and VA home purchasing
There's also info there about a program for teachers that I didn't know existed!
Lamont B.
How do rent properties to vets?
Afternoon BP community, a relative mentioned renting to vets but the relative does not know the process. I just signed a contract to purchase a house in a nice community in Baltimore ( Edmondson Heights for those tha...
Daniel Lin
HUD ANNOUNCES DISASTER ASSISTANCE #IRMA #Harvey
HUDNo_17-072
WASHINGTON – U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forc...
Derek Brickley
What Impacts My Mortgage Terms?
This article is from an interview we did to address which factors can impact a buyer’s mortgage terms.
- Can you outline what factors of a buyer’s financial profile can influence their mortgage terms?
Almost every...
Abel Curiel
Guaranteed rental income during economic uncertainty
Hey BP community!I've come across so many landlords as of late who are in a tough spot due to NYC shutdowns, lockdowns, restrictions or whatever you want to call them. Tenants are out of work and eviction courts are h...
Dylan Douglas
Utilizing public funding for projects for homeless Veterans
I would like to some day utilize public funding such as grants forgivable loans, tax credits and other available resources to fund projects to assist homeless Veterans obtain stable housing. Anyone have any experienc...
Account Closed
Prohibited from owning another property for 3 years
Under the Good Neighbor Next Door (for teachers, police, firefighters, and EMTs) program from HUD, you take on a second "silent" mortgage for the 50% discount off the appraised value, and must OO for 3 years to receiv...
Ed Rataj
Sewer easement on first multifamily
i am looking at a 4 family building that is in a B area. Preliminary numbers look good. Specifically:
Asking 130k
Market rents are 500-600 per month
Currently 100 percent rented at 380 due to ex...