Richard Jumonville
Do I need both Buyer's & Seller's Title Insurance
Hello, I'm under contract on a 4 unit apartment building I plan to buy and hold. I'm placing title insurance because I want to be protected and plus the lender requires it. However something new came up today. My titl...
Mark Smith
What to do? Need some advice
Hi guys. I'm posting this for my aunt and uncle. They have a home in Miami. Valuation is 700k. They have a first mortgage with a current balance of 150k. They want to move further north so they're planning to sell...
Mark Beekman
About to make an offer -- How to add title contingency?
I'm about to put in an offer on an REO property tomorrow morning (my first attempt at buying property other than at auction). I'm supposed to informally email my offer, along with proof of funds, to the listing agent ...
Amy Hu
HOW to write "lien clean" requirement in purchase contract?
Hi-We're making an offer to buy SFR.How can we add terms to require the property is title clean, free of any lien (tax lien etc)? any sample? thanks
Joshua Hollandsworth
To improve my DTI, can I put my debt under someone else's name?
I am in the market for a duplex. I own 3 units. I don't believe my lender will count 75% of my rental income because I have been a landlord for such a short period of time. My DTI is slightly over the limit (48%) Can ...
Keith A.
Costs/benefits using LLC versus personal name
I have properties in my personal name with conventional financing. A few of them have conventional mortgages so I am well under my limit. I am in the process of purchasing a 4plex cash and was planning to use an ...
Kaleb Musie
Possible Insurance Claim Issue?
Hello Everyone,I'm purchasing an investment property in Memphis, TN and wanted to verify the information below is not problematic.Through research, I came across that Name Insured should equal name on deed, otherwise,...
Brian Ness
Buying multifamily, seller broke contract.
We are new investors trying to put together our first deal and working with a real estate agent. Our agent found a distressed property, which was listed on the MLS, we thought it had potential and we made an offer. Ou...
Account Closed
How to prepare? (Florida Panhandle)
Panhandle investors! I grew up vacationing in this area yearly and love it. Hard to beat the beaches, and of course, who doesn't love The Back Porch in Destin and the Wharf in Orange Beach? Been seeing a good bit of i...
Joe S.
How do you know if your city or subdivision allow STR
If there is not something in the HOA bylaws against short term rentals is it safe to do a short term rental in that subdivision or I should I called the HOA and ask? I’ve known one particular HOA where the person tha...