Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as Collateral
How
specifically should a private lender be mentioned on the owner's
insurance policy to a property used as c...
Hello, new to real estate and need some advice on creative financing.4/2 SFR built in 2005 (pool and screened-in patio included) just came on the market. Desirable neighborhood with great schools. Comps average $23...
Hello! I have a question. If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Prope...
We recently experienced a catastrophic flood at our 6-plex in Dallas, TX. We're looking for an attorney to navigate the claim process and be sure we're covered. Why?We had another flood at the property about 6 months ...
So I went and looked at a vacant house 3 months ago. It wasn’t involved in any fire then. I liked the house and proceeded to work with the seller to buy it. Due to liens issues, it took 3 months before we resolve a...
Im interested in purchasing an rental investment property but will like to see how are investor purchasing there investment properties? It will be my first property I purchased.
Hey BP people!
My friend is selling their 3 unit multifamily to me and I'm wondering how to proceed... independently free of agent fees.
Maybe provide a checklist on how to proceed?
This is what I'd assume:
Bank a...
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
I have a deal I am working on that the homeowner is absolute about not adding my company as additionally insured on his policy. My explanation to him is on def ears. He knows the basics: I intend to sublet the propert...
If I sell one of my properties via "Owner Carry" that I have a HELOC on would I have to pay off the HELOC that I have on this property? And...Would my buyer's insurance policy that I would require satisfy my lendor's...