Brennan Hile
Starting with FHA and Refinancing with Conventional
I'm looking to buy a duplex with FHA and then refinance to a conventional loan at some point. I plan to live at the property for at least two years. Could anyone share their experience with starting with FHA and then ...
Jack B.
Closing costs are 8% of the half a million I'd be cash out refi
My long time broker's fees were 20K per property or 80K. So I went to Aimloan, who originally quoted me 5K per property or 20K total for the four. Now I get the disclosures and they are 10K each, basically 40K or 8%...
Peter Morgan
Filing a complaint against insurance
Hi,My home insurance company almost doubled my insurance premium for no good reason is there any way I can proceed legally by filing a complaint somewhere?Iif yes how can I get that information on the process of filin...
Jeff Cuartero
Homeowner's Insurance for a War Zone Property
I'm in the process of purchasing a fourplex in a war zone for $200K. The property is about 100 years old. I'm shopping around for homeowner's insurance and my first quote came to a $4,500 premium with a $2,500 deducti...
Casey Culver
To claim or not to claim?
Hello Everyone!I have a leak in a hot water line in one of my rentals in Alabama. I've been told it'll cost $1850 to fix, and will require busting up 1-2 tiles, cutting some drywall, drilling hole in concrete, fixing ...
Account Closed
Life Insurance to avoid taxes?
Is it possible to avoid paying capital gains if i get a life insurance?I heard life insurance has 3 benefits1. It pays you 6%.2. Your money is untouchable.3. Tax shelter
Bukka Levy
How much should I expect to pay for rental insurance?
I’ve seen others post the expect to pay around $500 for an annual policy. Is $500 a reasonable benchmark or is there a percentage of cost/value that I should be using?I’m about to close on my first out of state rental...
Eli M.
Factors affecting home's value
Dear BP members,I was wondering, what factors could possibly affect a property's value?If there's a public school across the street, is it a plus or a minus?If there's a bodyshop next door, is it an advantage or disad...
Roy N.
Passivhaus homes and multi-units?
Hello builders out in BP land.Those who have read many of my posts here on BP will note that sustainability and energy efficiency are core to our real estate business plan. We began by purchasing older (as in Second ...
Pandu Chimata
2nd home loan by FHA
I own a house and its currently on conventional load and it's on my sole. My wife is not part of the loan.I am planning to buy a 2nd and vacation home (80 miles away) from the primary residence.I would like to use the...