Kaushal M.
Required wait after property purchase before transferring to LLC?
Hello,I purchased a property in our personal names (my wife and I) about 1.5 months back. But shortly after, I decided to open an LLC, and that process is done.The lender does not have any issue with transferring the ...
Edward P.
Property that has two buildings
Hi BP,I just purchased a new 4-unit property which has a duplex and 2 single homes. My insruance will not insure the buildings together they will insure them if they are separate insurance. Do you have any ideas?Than...
James Luciano
homeowners insurance and equity loan question
Hello,I'm in the process of getting an equity loan on my house that is in need of some repairs (eg. flooring, drywall, plumping, electrical). To qualify for this loan I need home owners insurance but when speaking wit...
Daniel Rubenstein
FHA after already bought house?
Hi,
This might be a real rookie question, but here it goes.
If I just bought my first house a few months ago before I knew the slightest thing about RE (not that I know much now either), and put down th...
Jesthen Baez
should i use a va loan or conventional?
Im planning on buying my first property this year but dont know if its more beneficial to use my VA benefits or just go conventional especially since im thinking about using the BRRRR method. Any advice would be amazi...
Colby Zeller
FHA Loan details and questions
Hi BP community, I have some questions about the FHA Loan Mortgage Insurance premium, and other relative cost when using this house hacking method. I plan on buying either a Multi-family/Single-family home to make my ...
Shawn Mcenteer
Removing PMI
Does anyone have any helpful tips for removing or reducing PMI on an existing mortgage? The house I currently live in has a monthly mortgage payment of $1950, $300 of which is PMI. My wife and I have lived here fo...
Jason Schmidt
getting away from mortgage insurance
in some instances, it seems as though the mortgage insurance can run quite high. I know that generally, you need to have 20% into the house to forego the mortgage insurance. What if you buy a 100k home with 0 down b...
Orlando Hernandez
Mortgage broker cant pull of what we agreed upon now im stuck.
Help please, im not sure what best route moving forward is. (Sorry its a bit long)Situation: In September I took possession of my father in laws second house. The house was in poor condition. (He Was dropped f...
Kristen Ray
Property Insurance while investing
Hello BP!We are starting a LLC that will initially focus on real estate flipping. Traditionally, taxes and home owners insurance is paid via escrow via the bank that carries the home loan (at least that has been my p...