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Just rented out my primary residence and researching insurance coverage. Here is what I have learnt. Please do comment if wrong:
If you are not residing in a unit then a homeowner’s insurance will not cover anything....
I'll try to keep this as short as possible (ok, just finished - it is rather long). I included a redacted version of my lease below a bunch of equal signs (====) for anyone who really wants to read into this.
TLDR: ...
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Hi All,I'm a super newbie, and I've come across an opportunity to invest a small chunk of change in a development. This seems to be a form of syndication but I want to be sure it's legit and potentially profitable bef...
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Hard Money is called that for a reason. It may be easy to borrow, but it is hard to pay back. I hear “speakers” talk about borrowing Private or Hard Money to finance a deal and not to worry because “the property stand...
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Hello Bigger pockets community! I’m an now learning the hard way about how important it is to make sure the numbers and math behind a deal need to make sense in order to do a deal unfortunately.I bought my home to liv...
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We have a private mortgage and wish to refinance but are told that our payments are unverifiable since they go direct to the lender and not through a 3rd party. Is there any place we can get a refi?
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Luckily in my several years lending, I haven't had any deals get too messy so I don't have much experience with finding creative ways to solve problems and my attorney is sometimes not aggressive enough, IMO. So I am...
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Hello everyone,
I just wanted to know if there is a 1-stop-shop for all the contracts needed, from start to finish, to close a deal? I know there are different contracts for different kinds of deals (like sub...
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I'm not and most (if not all) of our friends (and relatives) aren't. Perhaps this is because of where I live (Northern Virginia). How about the rest of you?
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hello bp I hope everyone is having a great day. I have a single family 2 bed 1 bath that a wholesaler has brought to me. It meets the 1% rule at about 1.5%. All the other numbers are working in the calculators, ...