Tara Allen
PMI - Your Heirs Get Nothing?
Hello, I’m a newbie from Massachusetts just getting started. I’m considering a loan on a personal property that would require PMI.In doing some research, I came across an article that said 1 reason to avoid PMI is tha...
Jesse Smith
Title Issues on Purchase - Advice Needed
I'm in the process of trying to purchase an off-market deal in my neighborhood. I already own one of these, and it's a tremendous cash flow property. During the title search, the following issue came up:Property is ...
Nazgul Tataeva
Short term rent request from Insurance Company
I received an email asking only for 3 months lease maybe going month to month after and offered $500 more then I listed. She is saying she places home insurance claims. I want to sign the lease but little bit hesitant...
Nelson Del Castillo
Buying REO with insurble tittle to flip with hard money
Hi, I’m under contract to buy a reo to flip using hard money. My attorney just notified me that the contracts states that they will only convey insurable tittle. Is this common, would I be taking any risk doing this...
Mark Risley
Buying a fire damaged property
Howdy All!I am fairly new to the BP community, but am eager to become an active member.Here is the situation....I am a licensed RE broker in the state of Colorado. I was chatting with my roofing guy (who owns a Fire, ...
Jack Barkow
Title Company Hasn't Cleared Liens for My Refi. What do I do?
Hey BP,Here is the background before I get to the main problems and why I am now feeling "uncomfortable."I closed on a property in January of this year. It was a cash deal and everything went smoothly. I am now in t...
Mike McFadden
Creative Financing for Probate Deal
Can someone help me understand the best way to propose a creative financing for this deal? Probate deal- PR is closing out estate and proceeds will go into trust for grandchild (12yrs old) of deceased. ARV 200,000, ...
April Grieb
Liability Insurance Companies
Can anyone recommend a liability insurance company for a Rental Property held in an IRA? Looking to obtain quotes this week.Thanks
Kenny Bergeron
neighborhood assistance corporation of america
hello fellow investors, i had asked a question earlier this morning regarding, how i should proceed in purchasing my first home. Through out the day on twitter i read an interesting article regarding NACA, well after ...
Rex Celle
Property loss from fire, insurance pay out net positive
In a situation where a property is damaged or lost due to a fire, and there is an insurance claim payout that is above and beyond the mortgage principal… Curious to hear, what would be your strategy...