I recently entered into a contract with a roofer through my PM company and I have some concerns. I have yet to receive the contract (received the estimate) for which Ij paid half ($4500) to start the job, though I hav...
I am trying to close on a 4-unit multifamily property using FHA lending through Lender A. My W-2 income alone qualifies me for the purchase of the multifamily property. The Self-Sufficiency Test does not pass the requ...
I've finally hit the required 3,500 points required for the NYS Broker License and I was planning on filing as a corporate broker. I originally started working with my current brokerage specifically because the broker...
I'm new to the STR scene with a recent purchase in Colorado. Curious as to how many of you purchased specific STR insurance vs. regular home insurance and who you are using. Also, are there additional STR policies out...
I bought an old apartment building in OH, 17 units. Hired the wrong contractor to rehab, big mistake! The boiler was all rusted. That contractor installed electricity heating in the 12 units in the front building. It'...
Anyone understand how HUDs new loss mitigation concept supposed to reduce mortgage payments? I'm not getting it. Particularly this paragraph here. I just don't see how the extra 2nd mortgage is supposed to (temporaril...
I found a thread about this, but that was 5 years ago. We are looking to purchase a small 2bd/1ba home in the heart of Winston-Salem. Plan is to rent it out either as a MTR/STR. Does anyone currently have one in the a...
Hi everyone,I bought a condo in San Diego just over two years ago as an investment. Long story short we just received our second supplemental HOA bill in two years time, this one being around 150$. Is there a websit...
My wife and I own a multifamily and submitted a claim to our insurance company (Vermont Mutual) for a roof leak in May of last year. We've experienced frustrating delays throughout this entire process, and while we've...
So i had some roof damage and opened a claim with my insurance. I asked my contractor to give me an estimate and submitted that to the insurance. I trust this guy's work and would really prefer to have this done by hi...