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Results (570)
Danielle DeCormis Quit Claim Deed to LLC Tax/Legal Question
13 September 2024 | 11 replies

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...

Eamon Conheady Liability insurance on SFR
17 October 2016 | 7 replies

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?

Bill Glick Who am I in the RE Investing World? Please help
2 September 2018 | 3 replies

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...

Jason C. Rental Dwelling Insurance
18 October 2018 | 5 replies

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...

Salil Surendran Converting from homeowner to landlord insurance policy
30 December 2024 | 11 replies

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....

Chris Masons Question on Insurance coverage
16 January 2013 | 4 replies

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 ...

James York Fannie Mae First Look - Okay to remove listing before 20 days?
18 October 2018 | 1 reply

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...

Jordan L. Is umbrella insurance necessary if...
12 July 2019 | 3 replies

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...

Dustin Hood Multiple AC drain line clogs and overflows
1 July 2019 | 1 reply

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 ...

Mitch H. "Delayed" Financing in Iowa? (Not Cash out Refi)
9 July 2020 | 5 replies

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...