Shawn S.
Insurance rates in the Kansas City area or where you live
Greetings,
I was wondering what your typical insurance premiums were for the area you live in? In KC I'm looking at 1 percent of the purchase price. I read today the percent should be closer to .5 percent. ...
Nick Frankus
Sub2 refinance concerns
I am looking at my first Sub2 deal and have a question. As long as the title transfers to me at closing and I buy subject to the existing financing, is there any reason a lender would have a problem refinancing th...
Fernando Tello
Split home owner insurance Yea or Nay????
Hello BP community, looking on reading your opinion about the following:Situation: Currently my wife and I finished a deep rehab on our latest duplex in Ft. Lauderdale (Changed roofs, added impact windows, plumbing, t...
Don Spafford
Secondary lien holder foreclosure
Can a secondary lien holder start a foreclosure process? If I were to loan some money to use toward a down payment while a bank finances the rest, so I am a second or junior lien holder, would I be able to foreclose i...
Scott Goulet
Rental property insurance rates going up&up
Hey BP, Question for everyone. I have 3 rental properties, 2 in florida and 1 in missouri. I have a quadplex, a triplex, and a condo. It seems like every year my insurance on all three properties goes up by 20-30%. Is...
Will Gaston
How can I get insurance on a property I will only own a few weeks?
Hello All,I'm closing on two properties this week for $5,000 each. I am trying to find somebody to wholesale them to but may not be able to before I have close on them on Friday. (I do not want to push the closing bac...
Lewis Gichuhi
Finding property information
Does anyone know how to find information on a property once you get the address?
Andrew Postell
HOW TO: Avoid the “DUE ON SALE” Clause
In continuing with my “HOW TO” series I thought I would post on a topic that has reared its head again lately – the notorious “due on sale” clause (key terrifying music). Every few years this will get talked about an...
Tony Santos
Asbestos Shingles
Hey BP,I am currently looking at a home with asbestos shingles. The shingles are in extremely rough shape and I want to install vinyl siding on the home. I am aware of asbestos shingles and how they break extremely ea...
Jasmine H.
Rental Property Insurance
We currently use USAA's insurance for our rental properties. I just reviewed the renewal policy and the premiums for each have gone up by a whopping 25%. At this point, I don't feel comfortable holding on to these po...