Fred Jacquet
Owner financing and mortgage insurance
I’m working on a deal for a non conforming lot with a 1, 2 and 3 family building on it. At this point all cash and owner financing are the only options that I see. The seller are not onboard with owner financing, but ...
Jason Schmidt
getting away from mortgage insurance
in some instances, it seems as though the mortgage insurance can run quite high. I know that generally, you need to have 20% into the house to forego the mortgage insurance. What if you buy a 100k home with 0 down b...
Phillip Troutman
Assessing tax, insurance, mortgage etc.
I'm looking to invest in a property this year and I want to know as much about the analysis process as possible. I'm working with a turnkey company and want to make sure I understand and double check all the numbers p...
David Rutledge
Changing insurance policy affects mortgage?
Hi Everyone,I have a question I was hoping some members could shed some light on for me. I own a few rentals that I purchased with investment loans that I will soon be converting into short term rentals. When I do thi...
David Rutledge
Changing insurance policy affects mortgage?
Hi Everyone,
I have a question I was hoping some members could shed some light on for me. I own a few rentals that I purchased with investment loans that I will soon be converting into short term rentals. When I do...
Sissy Treat
Fire Insurance paid mortgage company
I have a friend who owns a few houses he rents out. 2 Weeks ago the renters young 17 year old girl left the iron on the bed..the iron caught the bedroom on fire. Firemen put the fire out and gave a value on the loss...
Dave Versch
Blanket mortgage and blanket insurance?
Hi all,
I'm under contract for a 2-family house. Purchase price is 26.5K. I'm looking to purchase one or two other similar properties in the same price range, in the same city. I'm considering paying cash for the ...
Salvatore Giancola
CMHC mortgage insurance on 3rd house
Hey BP,
This past year I bought 2 rental properties. I used conventional financing through banks. I put 20% down on these I purchased the fort one under my company name, which is a sole proprietorship. The bank gave m...
Julio Contreras
Single Pay Mortgage Insurance - PMI Upfront
Hello BP members!!!Anyone know more about Single Pay Mortgage Insurance? I have read that you can pay all your PMI Upfront so you dont have to pay it monthly, thus making your total monthly mortgage payment smaller. I...
Billy Hamilton
Mortgage insurance and and flipping houses
Paying 20% for mortgage insurance. Not understanding investing with no cash.