Hello all,I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k. I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k. I really...
What type of insurance are you getting for your flip homes and where do you get it from? All the insurance agents I have contacted have rejected insuring a flip home. I finally found one company but it costs $585 for ...
In the last years, the rent amount on a BRRRR property has become the defining factor for the loan amount. It used to be mostly LTV and appraisal, now it's the 1.2 DSCR, so in that way rent is becoming the limiting fa...
Hello all, I have a home in Hudson Valley, NY. I have my property listed on Zillow, Airbnb, and Furnished Finders and have been contacted by ALE twice. I have submitted the screening questions and set my rental at $5...
Does anyone have any experience with investing in townhome developments in the inner loop area, specifically in the Heights/Midtown/EaDo Areas? I have a lot of friends from college that rave about them, and I've been ...
I "finished" my first fix n' flip and got it on the market a couple weeks ago (type in Liverpool Drive Charleston SC in Zillow to see photos). The project went about $20k over budget and 3 months behind schedule. Have...
Hi I'm Mark.
I'm a former real estate appraiser, full time stay-at-home dad while my wife completes a grueling post-graduate training program in Greenville, SC. I consider myself a green, wet-behind-the ears...
I currently have a home warranty on my personal home, and have always been un-happy with it. We live in Phoenix and every time the ac unit goes out (every 3-4 years) it takes them at least a week, but usually 2 to hav...
Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely...
Hello, I have a potential deal I'm about to close on in Philadelphia PA. It is a multifamily duplex in point breeze area for $210,000. The taxes on this property is about $1,800 a year. I would live in one unit, whil...