Hi All,I would like to know if it is necessary or recommended to get a Builders risk insurance as the Developer/Flipper on a Flix and Flip even if my contractor has general liability insurance and workers comp insuran...
Hi All,
I currently live in NYC and have been interested in real estate investing for a few years now. I have spent these years learning some of the basics via books/biggerpockets and saving money for a future real e...
My title company is saying that I cannot do a seller finance deal for a home I own free and clear and sell it under my LLC since there is a 5-year balloon payment. Has anyone had this issue? What did you do? She's say...
It's not really that big of a rehab. It requires a new air handler, a repipe that will take approximately one day, some minor electrical work, and cosmetics. I don't know if I can just get a normal landlord's insuranc...
Investments should primarily be made based upon your financial goals, your stage-in-life savings that you have, your risk-orientation and so on. But at the core of it all, you are looking for the best return for the a...
My understanding is you can get a DCRS loan at 1.2 - 1.25 debt service coverage.
Assuming the property is currently being used for short term rentals:
What is stopping me from acquiring a property having less than t...
Hi Everyone,
Newbie investor working on getting my first deal put together. I had a question I'd like to ask to some of the more experienced investors - when looking at a potential property, what are some of...
I have a couple of acres that I subdivided from a larger property. Once I sell the main parcel, my cost basis in these two acres will be near $0. A builder I trust is interested in putting townhomes on it. To make ...
Hello All,I wanted a place to track the progress of this project so I thought this might be a good spot. Ill have to take a post or 2 to bring everyone up to speed as to what we've been through to get to this point b...
Hello beautiful people of BP,I have come across a duplex I think could be a very solid deal. It's in a desirable area, with good schools and low crime. It should attract quality tenants. The owner had the property app...