Shane Elias-Calles
DTI Calculations for New Loan
Hey BP,
I'm running into some DTI Road blocks and am looking for some help. I was under the impression that if you buy a new rental and the debt service coverage is substantial enough, then the DTI is essentially a n...
Brandon Smith
Questions on renting out your primary residence. (NOT HOUSE HACKING) TIA.
I currently own a 2020 construction, 4 bed, 2 bath SFR. Financed with an FHA loan and mortgage being right about $2,000 monthly, included escrow for insurance and homeowners' insurance. I also have solar panels on the...
Mitch Balgobin
Commercial loan/ refinancing my multi family
Hello everyone: I have been approached by my management company to look into refinancing my (2) 3 family units located in the Bronx Here is part of the proposal agreement. Please give my your thoughts. I am have no ex...
Joshua Cuellar
Question on LLCs
At what point as a rental property investor do you consider becoming an LLC? When does it provide more benefit?
Christopher Lombardi
Self Insurance
Does anyone know if any banks would allow an investor to self insure their properties? I asked a few of my bankers as well as friends in insurance and no one seems to have an answer. My issue is, with over 80 homes ...
Charlotte B.
New Orleans Flood Insurance
How do you estimate the rate of flood insurance for homes in New Orleans? I'm looking for ballpark numbers as I vet investment properties. It sounds like it's related to the flood class, but I'm not sure where to fi...
Aaron Linden
Rental Property Insurance Policy Question
Hey everyone,
I am just getting started out and I have my first offer accepted today and I want to ensure I am ready for closing.
What type of insurance do you recommend for someone who is just getting started with...
Maggie Medal
Panama City Beach Airbnb!
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $200,000
Cash invested: $20,000
Buy and hold east end of PCB, self managing short term vacation rentals year round
...
David Rutledge
Vacation/second home loan question
Hi Everyone,
My wife and I are planning to purchase a second home out of state and we would like to rent it out short term while we are not there.
My question is there a limit on how often we can rent it out ove...
Wade Sikkink
R-22 AC units on insurance claim
We have a building with the AC units on the roof (14 of them). We are working on an insurance claim related to a hail storm that damaged the roof and the AC units.Our HVAC guy bid to replace the units with new R-410A...