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Doing a cash-out refi. The lender said terms would be more favorable with taxes/insurance put in escrow. Sounded good until the paperwork showed that 11 months of taxes and 10 months of insurance would be included in ...
This is so ironic: yesterday I scheduled a guy to come cut down two big elms on the property and today a tree branch fell on the tenants car. This branch came from a giant maple which, has proved itself to be rotting....
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Hello Everyone, this is my first post and I am very impressed with the knowledge and expertise of the BP members. I am a newbie in the DFW marketplace and need to secure a competent and trustworthy contractor that...
Hello,I have a general question on title insurance while refinancing with the same lender Since the existing lender already holds a title insurance at the time of purchase, is it still required to get title insurance ...
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I recently purchased my first home with FHA. However I now want to begin investing. Can I now obtain another property with a 203K loan? Or do I have to wait until I can refinance and change my loan into a conventional...
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Hi All,Are you taking out earthquake insurance on your investments in the Bay Area whether for SFH or Multi? I know a lot of folks who see this as a waste of money or a unlikely event, but give the huge financial inve...
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I'm closing on a duplex in Taos, New Mexico and found out the property was on the edge of a flood plain. The loan is requiring flood insurance. I was using State Farm for my homeowners insurance, but the quotes they...
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I hear its smart to have Rental properties in LLC, but banks don’t like to lend to LLCs. You can quit claim a property into an LLC but is that that best process? Whats the best legal process to get the property into ...
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Hey folks! Considering an investment opportunity in NH, currently a quad with potential to convert a space into a fifth unit. Any advice on what to consider transitioning a small multi to large multi. What are some co...
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I believe that Tenants have the right to keep and bear arms. Is it appropriate as a landlord to mandate that a tenant have insurance such as LawShield, USCCA or AOR and to provide proof of such?