Jordan Akins
Should i refinance?
My dad owns 41 units right together. He has $800,000 in them. The rent from them have been paying the loan for 4 or 5 years. He said a few years ago they appraised around 1.2m and since then have fixed several of them...
Douglas Higa
replacement coverage insurance on older wiring in buildings
I am refinancing two of my multifamily assets, and am having a problem finding replacement cost insurance because the wiring has not being updated within the last 20 yrs. Has anyone solved this problem? Does anyone k...
Brenda Hamstead
Insuring properties that are being rehabbed or vacant..?
Who do you use to insure your Fix and Flip properties. Do you get one type of policy while the rehab is being done (Builder's Risk?) and then another type after you get the CO and it is vacant and on the MLS? Any advi...
Jacob Plocinski
Multi-use Property in Flood Zone
A property recently came to the market. It has a store front on the first floor and 2 apartments on the top 2 floors. The property is considered flood zone because of an under group creek that runs about a block away....
Uschi Macero
Refinance vs. HELOC to obtain cash for downpayment
l need to come up with the down payment on a investment property. The options I am considering are: Refinance my house and pull out all the equity or draw the HELOC I have on it.The down payment would be about 20% o...
Steve S.
Buying an investment property without a realtor / agent?
I think this would essentially be an FSBO.Is there a reason this would be a bad idea? I am working with someone that is an agent but also owns a property they contacted me about selling. I own several rentals, but h...
Taylor Johnson
Looking to buy first multi-family... high flood-risk
Hi there! I'm in the process of making my first real estate investment and came across a property that is of high-flood risk.
This is not uncommon for my location - about 14% of all properties in my city have a 26% o...
Michael Mikhail
How to Get a Hard Money Bridge Loan with Bad Credit?
If you’re a borrower looking for financing options for your investment property, your only options are to reach out to conventional institutions (banks), mortgage companies, and direct private money lenders.
However...
Jacob Sampson
Why is caprate real estate specific
I, and several others, hijacked another post and went down a rabbit hole regarding cap rate calculation. I don't understand why cap rate is considered a real estate equation. In fact, IMO, one of the strengths of eq...
Tucker Smith
Insurance for new development project.
I have done a number of renovation flips over the years and I have always just self insured. When I first started out, I got a policy quote and it was going to be pretty expensive. Since then I have been rolling the...