Cooper B.
Regular fire or rental dwelling policy on flip house
I have read a number of threads on BP stating that a Builder's Risk policy is appropriate for a flip house undergoing renovation. I have spent a good deal of time attempting to gather quotes for a policy to cover...
Tim P.
Problems financing 2 buildings/separate dwellings on 1 lot?
Property: 3BR single family house with a separate 2-car garage + 2BR apartment above. 2 separate buildings only a few feet apart on 1 land parcel.I am buying this property as an investment with 25% down payment and ...
Stephen Patton
San Jose, CA - Accessory Dwelling Units (ADU) Meet-up
Wanted to connect with BiggerPocket members who are located in San Jose and actively interested to build and invest in Accessory Dwelling Units (ADU) as an affordable rental option. Due to the cost of living crunch, S...
Cameron Price
Does an Accessory Dwelling Unit count as Owner Occupancy?
I'm looking into buying a quadplex to owner occupy. I've been reading about FHA loans and owner occupancy requirements on here.I'm a fan of tiny homes. I currently live in 280 sf and have almost zero expenses as far a...
Johnny Quilenderino
What to do in your dwell (inbetween buys) time?
Good afternoon BP,The dust is still settling from my two purchases this month that are long term buy and holds, that I got for a combined 135k that would sell for 400k once repaired. The problem is that these are MFR ...
Sandy Metivier
Convert a Vacation home to an Investment property for 1031
We have our house in Lake Tahoe, California for 6 years for which in the past we've used a portion of the year as a vacation house (random weekend visits mostly, but a couple of summers we lived at the house), and had...
Ryan K.
Insurance blowing up my refi?
My property has a 3-bedroom, 1900 sf plus unfinished basement house, and a detached 3-car garage, with a 1-bedroom, 650 sf apartment above. I rent out the main house and live in the apartment, I have full use of the ...
Jonathan Satizabal
Purchasing properties with "illegal" units
Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...
Ryan Bird
LLC name on deed - first insured vs name insured
I had quit claimed my home so deed is in the name of llc. I need to stay here for one more month before tenants move in after which llc dwelling policy kick starts.In the mean time my insurance agent said they will ad...
Matthew Kinch
Quincy MA Condo Development on Double lot
Investment Info:
Condo fix & flip investment in Quincy.
Purchase price: $400,000
Cash invested: $466,000
Sale price: $1,113,000
Contributors:
Tory Kelliher,
Daniel Riccio Jr...