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I'm getting conventional financing on a 4 unit property with a purchase price of $130k. The appraisal came back with a rebuild cost of $428k and my bank says my insurance must be for at least 80% of this cost.
I was...
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I have been struggling to find someone to refinance a fully tented industrial building of mine. I was originally looking for a 75% loan to value. For a reasonable interest rate, knowing today’s markets. I’ve been told...
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Hey guys,
I bought a duplex but need repairs. I am having a hard time getting home insurance because of the 4 point inspection since the property built 1940. Any work around this costly insurance. Rena
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What is the industry standard insurance protection to have when owning just one rental? I understand that homeowners insurance is mandatory for any home whether owner occupied or non owner occupied, but what about add...
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Hello BP Folks,I have only invested in residential real estate (MF and SF). I'm looking at knocking down my first "commercial property". It's a small single story office building. Roughly 6000sqft (4 - 1500sqft) offic...
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In case of a suit, will insurance companies or courts require a DNA test if a dog is suspected of being something other than what is listed on the vet records?
Thanks!
Kyle
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What type of insurance do you use for a flip? I'm may keep it for a rental but I still need to totally renovate it for 2-3 months, so it will be vacant. My regular agent won't insure it for renovations or being vacant...
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Hi there, multi family investor in the Carolinas looking to build a relationship with reputable insurance brokers and in search of insurance quotes. Currently, my team and I are looking at a 36 unit in Winston Salem, ...
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I have a house that I’ve been fixing up and plan to list on Airbnb. But I don’t know what I need in order to do that. Do I need an LLC? Right now the house is in my name. Do I need to get more insurance above the regu...
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I am looking at old industrial building to purchase. The ceiling height is pretty low. I am looking for some creative way how to refurbish such building. Build some pylons & increase the height of the roof. I keep...