Chris Cosmas
LLC or Individual Proprietorship
What is the best way to take title for a new Triplex in Phila, Pa. I was approved as an individual and received a favorable rate , 4.85 on
a 30% down payment and 30 year term. Insurance agent, said I can carry mo...
Yuri Shamsin
Life Insurance options
Hi all,a little off-topic but I think it is an important matter.So, the bank asks you to have Life Insurance to protect itself. It can be either your own or you can pay extra for your monthly mortgage payments.I happe...
Amber Castro
Builders Risk Insurance
Have any of you been required to have Builders Risk Insurance on your rehab loans? If so what were the pro's and cons for you? is there another ins. out there that is comprable in coverage but less expansive?
Jim S
Insurance for flip homes
What type of insurance are you getting for your flip homes and where do you get it from? All the insurance agents I have contacted have rejected insuring a flip home. I finally found one company but it costs $585 for ...
Matthew Miles
Typical Insurance Costs for Rental Properties
I'm wondering if anyone can shed some light on the cost of insurance (hazard & fire, liability, sewer backup, loss of income, umbrella, etc.) that a landlord would pay for a rental property in Utah (Utah Valley to...
Joseph Guzzardi Jr
Commercial loan lenders
Hey All, looking to get insight on good experience with commercial lenders for a mixed use property in Atlantic City, New Jersey. The potential priory is a 4 unit with 3 residential and a store front. Hoping someone c...
Jon Riley
Having trouble finding a lender that can meet my needs for DSCR
First off, I am a new investor so don't assume something is obvious as I probably don't know about it yet. I am trying to buy a 1952 12-plex. Seller wants 1.3 million I would suggest 900k but I can't find a loan tha...
Brian Rosher
What insurance to close on a BRRRR with conventional lender?
Getting ready to close on my first BRRRR and I am working on getting insurance quotes. My mortgage broker had a requirement for rental reimbursement rider. I had planned to have vacant property insurance since I wil...
Zak Cooper
Creating the ultimate Seller / Owner Financing Checklist
Hey BP peeps,
Newbie here, in discussions for my first Seller Financing deal!
Apologies in advance if there is a forum post similar to this, but I couldn't find one with a checklist-style format. As such, I am aski...
Joe Kern
STR - Insurance & Liability Protection
Hey All! Looking to purchase a short term rental (airbnb) in Florida and am curious how I would protect myself against potential lawsuits in the unfortunate event of an accident on the property? Is there STR insurance...