Tiffany Miller
Insurance for Rehab in PA
Hi there, I will be closing on a duplex this month using a hard money lender for the purchase and rehab. The HML is requiring that I have at closing an insurance policy paid for one year, but I am having a hard time f...
Beau Ordemann
DP-3 Insurance Policies
I've recently entered the commercial lending realm for properties 10+ and am new to the LLC space. The commercial lender I'm planning on working with said they require DP-3 insurance policy. Does anyone have good rec...
Randy Simpson
General Liability only insurance
Looking for coverage for my LLC which I just purchased several mobile homes, I do not wish to provide insurance for the structure, Formost's price is not worth it to me for their higher price, they don't offer a highe...
Joe Lijoi
Insurer for fix n flip with foundation repair needed
Hello all! I have a fix n flip under contract and my lender is requiring insurance. I am having a hard time finding an insurer that will insure since there are foundation issues currently. They are in scope for th...
Thomas Hoyla
Airbnb Management Company Liability
When starting an Airbnb management company, what type of liability do you hold? Is there insurance that you need?
Adam Soyak
Property in flood zone
What is the typical ARV reduction on a property if is in a floodplain? I'm looking at a property, that would have an ARV of approximately $210,000 if not in flood plain. Looking at two options either keeping it as a...
Benjamin Misner
SUBJECT TO-Home Owner Insurance
On a SUBJECT TO, since the deed has been transferred over you, do you need to get home owners insurance? Or should you be added as "additional insured" on the property with the person who keeps mortgage in their name?...
Upgrade Costello
Floor caved in while moving a couch, landlord wants me to pay
The living room floor caved in while moving a heavy couch in my apartment. In the basement it seems a support beam gave way and cracked. The landlord said for me to provide my renter's insurance information to cover d...
Rochelle Stewart
First time landlord in NYC (Brooklyn 2-family)...Seeking advice on MARKETING & TERMS.
Hi BP Community, #Firsttimeposter here! I am a newbie investor (own 1 AirBnB rental for last 3 years)... and am about to close on a 2-family home in Brooklyn NY. I have my core 4 team including an experienced broker, ...
JR Rivas
Are these closing costs too high?
Hello,
I am looking to close on my first property and I just got the paperwork to sign from the lender & the closing costs are about 10% of purchase price(not loan amount).
I know typically the closing costs a...