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I am the private lender on a single family home flip. The purchase price is $192,000. The rehab budget is $30,000. The ARV is $280,000. The flipper is experienced. I have lent on approximately 15 flips with other...
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Hello, I am a private lender. My mortgagor's insurance only covers dwelling replacement. How do I protect my investment as the loan amount is more than the replacement cost of the property? I have looked at forced-pla...
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I am in the process of obtaining landlord insurance for 2 properties:1. 2300 sq. ft. home with 3 car garage and in-ground pool worth ~ 560K2. 504 sq. ft. condo in La La Jolla worth ~ 285K I am getting suggestions on c...
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I apologize if this gets a little long but it is a little complicated. I purchased a property 2 months ago. I financed it with a local bank at a great rate. It has 4 houses on the property, really three houses and ...
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Hello y'all, I've been a long term lurker on BP and now looking forward to getting more involved.
Texas was hammered by Hurricane Harvey and Rockport was ground zero. We are rebuilding but it's been a slow process.
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I am looking for information on lifting a small house (550 sq ft) to repair a foundation and possible add additional crawl space. The house is a total gut and rehab. exterior seem to be in okay shape and has good roo...
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I've read somewhere that true market value is what it would cost to build (replace) the house your looking at.
How realistic is this? If this is so, wouldn't you look at the value of the improvements only when pri...
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So lets get to the point of where I am in life. I'm 22 years old and seeking help with my first home.. My dad passed away when I was younger and left home deed to me. There is about $145,000 owed left on the property....
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Good afternoon all,I’ve been looking for deals in my local market, as I’m sure all of you are. I keep seeing houses with significant fire damage selling at very low prices. It seems like the bulk of “deals” right now ...
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Info about the property:
3 unit brick building located on southside of Chicago. Purchased for $442k. Appraised for $445k. Currently househacking it.I am out of my depth when it comes to insurance plans but after hour...