Nate Whitmore
Number of mortgages per individual
I own 5 rental properties. Three of them are in my sole member LLC, are purchased on land contract and I did NOT sign personally for them.
2 of them are in my name and I have conventional mortgages on them.
I am tr...
Mylan J.
vacant property insurance
Can anyone suggest a or a couple of good insurance companies? I need to assign one before my rehab starts.
Bryan Johnson
Mortgage rental property or primary residence?
In the simplest case of an investor with a single primary residence and a single rental property, where one of the properties is owned free and clear, and the other is mortgaged, in terms of tax benefits, does it matt...
Eugene Gutierrez
Umbrella Insurance vs. Individual Insurance Per Building
What is the action that triggers changing from insuring each property one-by-one to creating an umbrella policy to cover the portfolio?I own a number of buildings in Maine and currently each building is individually i...
Adam Haman
I have 10 morts. Can I refinance into 1 commercial and buy more?
Hi All!I'm wondering if I were to refinance a handful of my properties into a non-recourse commercial loan, would these properties then come off of my personal credit so that I could purchase more properties with Fann...
Elton John
Is this good insurance coverage or should I add umbrella too ?
Property Purchase Price - $365k
Dwelling ( Coverage A) - $432k
Increased Dwelling (Coverage D) - $108k
Dwelling Extension - $43k
Personal Property ( Coverage B) - $324k
Personal Liability eash occurance ( Cover...
Tyler Caruso
Umbrella Insurance
Need some help with Umbrella insurance. Currently, I have a personal 2 mil. umbrella policy that covers my house and 25 of my rental properties. They have capped me here and I was hoping somebody can point me in ...
Jeromy Jordan
Insurance coverage-small commercial multifamily property
Hey BP Community,Question for the commercial multifamily investors out there. What type of insurance coverage are you using to protect your asset? What should I be looking for in a good insurance policy for a small co...
Juan Rodriguez
House Hack Form 8829
Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
Pavel K.
BRRRR: Do you use refinance into an LLC or Conventional?
Hi all -- I am looking for some feedback on Conventional financing vs Commercial financing.If you purchase a property in cash, renovate + do a cash out refinance -- do you typically do the refinance into an LLC/commer...