I'm a bit confused by the amount of insurance I should have on my buildings. Currently, I have a duplex with a value of 150,000. My insurance agent has me hooked up with 350K in coverage as replacement cost. This s...
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Hey BP, is it better to get a mortgage loan with points to buy down the cost of interest, or no points to not have high closing cost?
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Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...
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I am in a Real Estate transaction in which the agent/ seller selected the services.I made suggestions to use a different escrow company that I had a great experience and very good rate. But was overruled.Now, 2 days b...
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Hi all, I have a property built in 1980 with original windows that are definitely showing it's age. I met with a window contractor (America's Best Choice) and the guy presented me the option of getting windows that m...
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I've been scanning and reading a lot of posts for the last few months and when people do their breakdowns of their buy and hold investments, I commonly see their insurance as extremely low. Often times, I see somethin...
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I'm comparing several different loans and hope for some savvy input.
Constants: home cost 185k, credit score excellent, 30 year term.
Lender A is offering two options. interest rate is 4.375, lender costs waved (1...
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hey everyone, i have a question that may sound crazy.if you use a hard money loan, do you wrap holding cost into the loan as well?
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Cash-out refinance on my investment property out of state...Bank 1 - $150,000 30 Year 4.85% (4.97% APR) $4,000 Closing Costs $46,000 Cash in my pocket after refinance"Big Bank"- Horrible communication- Closing set for...
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I'm currently getting 4.75% interest rate with 20% down on a rental property. For conventional mortgages, is it recommended to shop around with different lenders to try and get a better interest rate or do they all pr...