Veronica Giggers
Hard Money lender requiring builders/construction insurance coverage.
Hello all, I hope everyone is realizing their investment goals. We have reached out to a Hard Money Lender for financing a duplex we plan to BRRRR and hold. Repairs are estimated to be $62K. The HML is requiring a "bu...
Juan Espinal
Orlando Multi-Family Homes
I currently live in Orlando, FL and one thing that comes to mind is the lack of individual multi-family homes around the 3 unit range in Central Florida. A little background on myself. I was born and raised in Waterbu...
Jim Bailey
Wants to see title commitment before making offer???
I'm kind of new to commercial deals....I contacted a commercial real estate developer and he wants to see a survey and a title commitment in order to consider the land that I'm selling...Is this common? Can I get a t...
Shirley X.
Lender changes rate after appraisal??
Advice needed from BPers!!!We are in the process of closing our first MF with a conventional loan. The locked interest rate was 3.75% for 30 yrs. One week after the executed P&S was submitted to lender, and follow...
Ed Wolf
Buy and Hold Property
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $410,000
Cash invested: $87,000
16 unit apartment building needed cosmetic upgrades in common areas and units...
Frank McGovern
What are your favorite objects in each category?
I’m curious to see what others like in multiple categories and find some of the common themes. Many of you have been doing this for a long time and have found what is a great balance between cost, quality, longevity, ...
Jarod McGovern
Flip to rent lending strategies
Hello!I was hoping for some opinions for the best lending strategy for purchase, rehab, and then rental of a single family home. Heard a few people say hard money then refi into traditional.Whats the best route to go?
Johnson Nguyen
Pipe burst in Common Area of Condo during Renovation
Hi!I'm currently 2 weeks away from finishing renovation and just got a call from my contractor stating that the common area of my unit had a pipe burst that leaked into my unit and ruined the entire flooring! To make...
Vincent C.
property owned before marriage - separate or community? TOD deed
So my dad is getting married again. He has a pre-existing property before the marriage, and planning to do a transfer on death (TOD) deed to put the property in my name as the beneficiary. However, would the new marri...
Jiseok Kim
insurance for condo rental property?
Hello Community. Newbie investor is here.I am confused what type of insurance policy should I buy as a landlord for a condo that I am planning to rent it out.The condo is under HOA and there is a master insurance poli...