Mark Bosworth
Financing with Termite Damage?
I'm looking at a property with termite damage where the listing explicitly says that the home will not qualify for bank financing because of termite damage. I'm fine with repairing it and selling it, if the numbers w...
John Jacobs
Lender as Additional Insured on the Liability Insurance Certific.
My self-directed IRA is the lender on the refinancing of a property. This is a duplex. This is a B- asset in a B+/A- suburb of Indianapolis. The value of the property is $125,000-$140,000 as is. With a little cosmetic...
Tri Ly
HOA permits
Hi,
Just wonder how many percent of the flippers here apply for HOA permit? I understand some HOA is very strict and some other community are not, but is this something you think about first when start doing reno on ...
Ivan Oberon
Installment #11 Insurance Issues for The Real Estate Investor - Workers Compensation - Continued
Installment # 11 – Insurance Issues for The Real Estate InvestorWorkers’ Compensation – Continued Pertaining to hiring contractors and third-party service providers, be certain that they carry not only “General Liabil...
Michael Johnson
Converting Commercial to single family home with tenants.
Hey Everyone!A little back story: I have inherited a single-family home that doesn't have a certificate of occupancy and is currently zoned for C2-1VL which I just found out and in the process of acquiring a cert of o...
Lekisha S Boswell
Journey of a Novice Investor
I recently received my first two certificates from the state for properties located in Alabama. Does anyone have any information or tips on how to file an ejectment, take possession, insure the home etc. I'm excited a...
LaQuinn Bolling
Rental Purchase with Existing Tenants
Hello,I'm in the process of purchasing my first deal via wholesaler. The property is a duplex and already has tenants placed. We'll be doing a walk through today, during this timeframe what are some other questions ...
Account Closed
Lead disclosure vs umbrella insurance
Hello,my rental property was built in 1960.I got the standard lead disclosure form that says seller has 'no knowledge' of lead based hazards in the property. I tried getting umbrella insurance from Geico.Geico is sayi...
Christopher Freeman
Estoppel and Lost Leases
Howdy BPers!I recently came to terms on a 3 family property in New Hampshire, and have included the completion of estoppel certificates as a condition of the sale. Today I learned that the Landlord may not have copies...
Kevin Means
How to tell if tenants are paying rent to a selling landlord
Looking into buying my second rental property and have found a duplex that has two current “happy and long term tenants”. Is there something I can ask of the current owner that’ll prove that they have been paying? If...