Trace P.
If Possession is later then Closing, what happens in between?
Hi everyone,I'm currently in a contract where the seller needs the cash fast to close on his new home, hence he sets the closing date to be on xx Nov which is before the closing date of his new home. However, his new ...
Asem AbuAwad
Insurance on my first Rental
Hi BP Family,I am trying to see what kind of insurance I can have on my first rental home(my primary). I called my insurance company hoping to just insure the outside of the house(to lower my monthly payment) but they...
Andy Wilson
Primary residence into investment property
Hi BP,I am moving and try to keep my primary home and rent it out. Can I transfer my primary home into my LLC as an investment property?
Tony S.
Fire at an 18-unit complex I'm set to purchase in 3 weeks, help!
There was a fire yesterday evening in one unit with injuries at an 18-unit property I’m under contract to purchase 3 weeks from now. How should I proceed?
My diligence period ends this Saturday, though Seller has al...
Agustin Conti
MEDIATION with Insurance Company?
Hi, I put a claim on old cast iron pipes that went bad with the insurance company on a rental property and my claim was denied. I have need told by the insurance agent that I can request a mediation, to see if we coul...
Matt Smith
Auction.com uses a title company?
If I win at auction.com, do I do the payment to a title company or to the site directly in case I win the auction? If it's not to a title company, is there another online auction where it is the case? Can I buy a prop...
Cecelia A
simultaneous closing
Hi,
I'm still a bit unclear on simultaneous closings where we use C's money to fund AB. Who pays for closing? My understanding is that C pays for closing cost for BC, including my attorney's fees, and B (me) pays f...
Abad Marroquin
Fire in my apartment!
This morning I received a call from my property manager. She said there was a fire in one of my units which is a duplex. The fire started in one of the bedrooms. That bedroom and the bathroom next to it were destroyed...
Ben Hogan
Damaged home due to the freeze and pipes, sell?
Houston here, I have a house that is built in 76 and has about 18-28k of damages. Har says the home is worth 170k, should I sell and get something newer?
Jason Walker
Process for a pre approval mortgage amount
Hello,I am new to the mortgage process and I wanted to get an idea of how much I might qualify for if any but I’m finding the process rather difficult. I called lending tree and they put me in touch with quicken loans...