Shane H.
Any experienced Commercial Bankers/Commercial Borrowers - Life Insurance?
Feel free to move this topic to another forum if it fits best there. However given the correlation to commercial RE thought here was best.I've noticed on some of the financial products I've been pursuing/commercial l...
Jake Recz
Underwriter refuses to accept private flood insurance
Hello everybody. I haven't been active here in quite a while. I guess I got too concentrated on rehabbing a few properties I had :) Either way, I'm selling the house I currently live in and I ran into an issue that sh...
Jim Bentley
Multi account insurance discount for SDIRA
I'm getting ready to close on my first investment house purchased by my SD IRA. My personal insurance agency gives a discount of 10-15% on my insurance policy because I have multiple, personal (homeowners/auto/umbrel...
Matt Kvalheim
Single Asset Entity for Fannie Mae Loan
Hi All,I am refinancing a 26 unit apartment building in Idaho with Fannie Mae. I chose to hold the asset in my name and get a ton of insurance, umbrella, etc. But, with the refinance, Fannie Mae is requiring that I ho...
Edmund Fontana
Conventional Loans to an LLC
Can a person who has multiple 5-10 single family homes that are on conventional mortgages transfer them into an LLC for the protection?
Jason Li
Tenants ask for compensation for water damage
Hey BP community, one of my rentals in Atlanta recently had a broken pipe caused water damage, it has been fixed. The inspection and fix took a few weeks. The tenants are asking for compensation because they couldn't ...
Susan W.
SS - How to fight back when Bank asks 20% more after contract signed
The house was listed @ $100k, and I offered $140k. The bank counted to $150k, so I increased my offer to $150k and my cash offer was accepted in June. Contract was signed, both earnest money and fund proof were acce...
John Backus
Under water on house- Is forclosure an option?
Hello, I'm looking for some advise on what to do. In 2006 my wife and I purchased our first home in Lansing, MI. Honestly, I believe we overpaid unfortunately, and it cost us $107,000. We had an FHA loan with no down ...
Rob Padilla
Integrity and what to say to motivated sellers
In recent months I've been learning what to say to motivated sellers. I've read time and time again to go in and tell them that I am the one purchasing their home. After all, I technically am for about 5 minutes durin...
Michael A.
Using life insurance to buy real estate
I’m curious if any investors on here have used cash value life insurance to buy real estate? My Grandfather taught me when I was young how he used his cash value to buy assets and earn a return on his money while it’s...