I'm not sure if this is of any interest to the community here, but from where I sit it's getting to be downright fascinating.
With recreational cannabis legal in WA and CO - and momentum toward legalization e...
First off....I am taking a short break from the Minneapolis, MN market. Outside investors are paying beyond a premium and I am seeing long term hold investors sell like crazy. I am not talking about single family po...
I am looking into house hacking a duplex. Originally, I was going to use a FHA loan. Most recently, I have found out about the Bank of America loan. This loan requires only 3% with no PMI. Since there is no PMI, I ass...
Hi BP Community!
I am submitting an offer on a duplex in my market as an owner occupant. I am looking to make a low down payment (3-5%) and so the obvious choice was FHA. However, I don't like the idea of paying PMI ...
Hey, folks! This is my first BP discussion to start. I just found out about BP, and I'm loving it so far. TONS of great info.Along those lines, I wanted to throw something out there, if it's any value to anyone here. ...
Hello,I have been reading/hearing varying information regarding financing options for owner occupied 2-4 unit properties. I realize lenders can provide a multitude of programs from lender to lender, but I wanted to ha...
Hey guys, I have a friend who's getting moved by his job and is putting his home on the rental market. His insurance company is trying to sell him insurance to cover tenant damages that is nearly as expensive, if not...
About to close on my first rental property (SFH)! Do I need any special insurance other than homeowner's insurance to cover my rental? Should I look into a separate umbrella policy to protect myself as it will not b...
Good afternoon!Just looking to sharpen my skills for commercial multi family. I am knowledgable with small multi family but I am just looking for guidance in terms of properly assessing/ underwriting commercial multi ...
I"ve been shopping a DSCR and hearing odd things about rate locks. So far I've been told things such as I can lock "when I"m close to closing" or "after the appraisal is completed". The appraisal is supposed to be th...