I am looking to purchase a property that falls under the minimum limit for DSCR but qualifies for a conventional loan. If I purchase this and quit claim deed it to my LLC, who pays the mortgage? Me or my LLC? Does t...
Hello,
I have a landlord policy on my sfr, but the liability is at $300k. Is this too low? The property is in AK. What kinds of limits do people have for these types of properties, or per unit in mfr?
It seems everywhere I go I see properties I believe cold be fixed and flipped in desirable areas. I see the potential for becoming a wholesaler, but I also know I need to build my buyer list to be successful as a whol...
I wanted to see if anyone can provide feedback on Rental Dwelling insurance. I currently use Statefarm and my premium just went up from $450 a year to $500 for the year. Now I know this isn't a big jump in cost on a d...
Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
I have a insurance question that I think I know the answer to but want to be sure..
Lets say I had insurance carrier A from Jan 2012 through Sept. 2012. In Sept 2012 I now decided to move to a new insurance provider ...
A friend told me about a piece of real estate in foreclosure, that was a Fannie Mae property listed as part of the First Look program, on Zillow and an auction site. I called Fannie Mae, the listing agent, and the au...
Do I need umbrella insurance if my liability limits on my properties are already 1 mil/property, 2 mil aggregate? I’m running into issues getting an umbrella policy as my vehicles and properties are insured through d...
Hey guys, I own 45 units, mostly small multi family, so I’m very accustomed to dealing with AC drain line clogs, backing up, drain pans overflowing etc. I basically keep a shop vac and fans in the back of my truck at ...
Delayed financing allows a buyer the competitive advantage of an all cash offer, while then almost immediately refinancing into a conventional mortgage to return their cash. Typically lenders call his a "cash out ref...