Mimi J.
Builders Risk Insurance
Does anyone have any recommendation for builders risk insurance. I contacted one company and was quoted $6805 for 12 months. I am new to this arena but this seems awfully high. I have a home in DC I inherited and w...
Sushree Mohanty
Multifamily home investment
Hi everyone - My husband and I are planning to buy our first property as a multi family home and put it on rent. I have looked up Tenessee, Vegas and Arizona. Arizona and Tenessee look good. Our budget is around 800-9...
Benjamin Lemieux
Buying Property During Covid
Hey Biggerpockets community,
I am in the middle of purchasing a duplex. This will be second property ( I have a 3 family). I have about 5 months worth of reserves after the new purchase. I feel as if I am still in ...
Marcus Auerbach
Why is JPMorgan Chase tightening lending to 20% and 700 score?
Chase requires new home buyers to put 20% down and have a 700 FICO. I believe the national average is around 7% for first time home buyers. What I don't understand is they still offer their DreamMaker loan with 3% dow...
Scott Lyons
What to do when shower isn't available to tenants?
Curious to what other landlords do in this situation as I'm still a newbie and haven't come across it, until now. Had a pipe underneath a tub crack and the tub itself has rusted through so it leaks down below to the l...
Peter Dascoulias II
Inherited tennants they want to break their lease
We inherited tenants who want to break their lease. I am trying to find out if they have the right to do so? We would have been happy to help them move on early, but they did not ask for that. They called us and said...
Bret Halsey
Where to find Gap Lenders?
I have a few deals I'm working to get seller financing on but will require a down payment. Ideally I can find a debt partner who's willing to gap lend those funds for a flat rate return, since the deals cash flow very...
Akay O.
Moratoriums on Evictions!
So, I have been researching on innovative ways to evict a tenant despite the ban on evictions. As a result, I reviewed the CARES ACT; Coronavirus Aid, Relief, and Economic Security (CARES) Act (P.L. 116-136) and dis...
Linda Vang
FHA Mortgage Loan
Here is my situation,I've been on temporary jobs/assignments through a temp agency for almost 2 1/2 years. I originally did this because I didn't know at the time what I really wanted to do career wise even though I h...
John Jacobson
Earnest money deposit: source of funds
Hi Bigger Pockets community. When I'm buying a property, does the bank look at where my earnest money has come from or are they happy to accept it as face value i.e. do they ask to see 2 months of seasoning for the fu...