Allen Collier
SFR purchase in flood plane
SFR I currently have under contract. Probably $70-$75k in value, and my contract is for $45k. Plan on approximately $25k in rehab. It has a basement, and I learned today that flood insurance will run about $6k per yea...
Brandon McDowell
Need a second set of eyes on this deal!!!
Hey BP family! As part of my 2018 goals I've decided to make the leap from wholesaling to flipping homes. After analyzing several deal in my area, I came across on that seems promising. I'd love to have a second eyes ...
Joyce Kim
How to avoiding commingling
I have a question about how to avoid commingling of funds...I am about to close on my first rental property in my own name and have plans to transfer the title into an LLC later. Once I have the LLC, I will be able to...
Charyl J.
Trouble finding Home insurance
Hi again friends!So for my current real estate adventure I'm in the middle of buying a single family house in Michigan. It is in need of some repairs but is very much livable. I plan to live there and house hack while...
Jeff B.
New Low Loans: Affordable Loan Solution plan
The Washington Post is reporting:The newest option, known as the Affordable Loan Solution plan, launched Feb. 22. It allows for down payments as low as 3 percent, no minimum cash reserves and loan amounts as high as...
Minerva Paniagua
Who Should I go for Health Insurance?
Wow, what a great resourceful Forum! I am shopping for Health Insurance as well, and again...so much to choose from. I have been burned before by Health Insrance geared toward Realtors. I had it for moths, when I go...
Jimmy Hung
Help on Multi Family Deal Analysis
Hi,I've been analyzing SFH and multi family up to Quad, but this 14 unit apartment complex was brought to me and I wanted to get your thoughts on whether this is a good deal or not.14 Unit Apartment - 6 @ 2 Bd/1ba 100...
Maneesh Joshi
Getting Homeowners Insurance for a rental property
Hello All,So I am planning on buying my first investment property in Philadelphia that I plan on renting out ASAP. When speaking my State Farm insurance they indicated to me that the investment property needs to be o...
Greg Gangle
To update Knob and Tube... or not?
Hi BP friends. I’m going to be closing on a property that requires the entire home to be upgraded from knob and tube.
Here’s the numbers
Purchase Price $44K
Knob and Tube upgrade $13K
Insurance premium $2246/yea...
Brian Bradley
Asset Protection for Real Estate Investors
Hello BP members and investors. I am an Asset Protection Attorney specifically for Real Estate Investors. I see lots of questions on this topic about how to structure your companies and protect your investments, but n...