Mitch Kronowit
Owner's vs. Lender's Title Policy
I'm a little confused as to why someone would purchase an Owner's Title Policy. The standard line is that the mandatory Lender's Policy only covers the lender, so it's a good idea to get an Owner's Policy to cover you...
Patrick Shep
Knob and Tube Wiring insurance options ?
Im looking to understand buying a place that has knob and tube wiring. I’ve read some insurance companies will not insure it.What’s been your experience to get insurance with knob and tube? Any recommended insurance c...
Ciro LoCascio
homeowner insurance on a rental property
Hello Everyone,
This forum is so useful. After months and months of reading I finally jumped on my first deal and purchased a property in Delaware. My question now is what insurance company can I go with who will of...
Daniel Gupta
Property Damaged-Is my Property Manager Liabile???
Hey guys, here's my situation- Would love some input & advice.I have an apartment house, and one of the tenants had some sort of bathroom party and burst a pipe in the bathroom. It ended up causing flood damage to...
Stefan K.
Does Anyone Have a Purchase and Sale Agreement - As-is via Quitclaim Deed
Does anyone have a purchase and sale agreement for buying/selling a property as-is with a quitclaim deed? Cash transaction, deposit held by seller, no title insurance, etc. Title/lien search is being performed, s...
Hend Harb
Ways cash buyers can get screwed?
This is my first time buying a property. Because it's an all-cash purchase, I'm nervous about the possible things that can go wrong. I'm guessing when a lender is involved extra steps are taken to insure that their in...
John Lee
Umbrella Policy require auto insurance to be $250k/$500k/$100k?
Currently asking my insurance agent to purchase an umbrella policy and an auto insurance policy.He said that I cannot have umbrella policy unless my auto insurance liability limit is $250k/$500k/$100k.He also said tha...
Dustin Lee Cotliar
Mortgage rate for SFR rental property in Denham Springs
Hello BP community-I am financing a SFR in Denham Springs Louisiana which will be used as a rental property. My interest rate is 4.875. 20% down, 30 year fixed conventional loan. Is this inline with standard rates in ...
Thomas Henry
My First Home Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $1,300,000
Cash invested: $500,000
Sale price: $1,300,000
Bought right after the 2017 fires in NoCal with the i...
Travis Wilson
Help structuring renovation with contractor for out of state proj
Hi - I recently bought 41 units out of state and they need significant renovations. I’m going to finance the renovation myself and I’m trying to figure out how to set up the payment and work inspections with the contr...