Greg Atwood
Loss of rent coverage
For those more experienced than me. I am looking into insurance on 4 duplexes and a mobile home I am set to close on. Each side rents for $950/mo on average. Without Loss of Rent coverage, the annual premium for th...
Christina Meitzler
Cash refi. to fund real estate investements
My husband and I are totally new at all of this. We haven't yet stepped out into taking action, but are close.We don't have cash funds available for RE investing, yet. We recently set up a HELOC as a way to have some...
Christian D.
Can Mortgage Brokers Dilute Their Commissions?????
I have a mortgage related question regarding a property I am currently in contract with and hopefully set to settle on in the next couple of weeks.I am purchasing a duplex under an FHA loan (5% down) with the expectat...
Kurt K.
Investing In First House Hack Property - Advice & Realtor Needed
Hello! My wife & I just recently moved to Nashville late last year. We are currently renting in the East Nashville area and are looking to purchase a house hack in the next 3-6 months. We have a 20% down payment s...
Luke Cullinane
Tenant won’t sign lease /won’t pay security deposit.
I have a single family home that is occupied by a tenant at the end of a 1 year month to month agreement. Initially, We had a 6 month agreement at $1500 a month. They stayed the 6 months and then a year, so 18 month...
Page Weil
How is DTI calculated and when am I safe to buy another door?
How do underwriters calculate DTI when I have several leased rental properties? This may seem like an obvious question, but my last experience is that there is more to it than [rent payments] - [PITI] - [1% repairs]I...
John Hobbes
Grocery Store Re-Development Deal
Scenario: You are working on a deal with a major credit Grocery Tenant on a space that has been vacant for 4 years now. Would require a complete demolition and redevelopment of this existing space. LL Work/Buildout wo...
Richard Whitaker
Dayton Ohio Light/Power bill & Water bill
I’m looking at a 5 unit property and the water bill is $415, $373, $90, $422, and $515 every 3 months since 01/2019 WTF?! do u think there’s a broken pipe or something? And the light bill(common area) double from $80 ...
Modesta Lopez
Newbie from PA
Hello Everyone,My husband and I have decided to start investing in real estate. We just made an offer for a multi unit (2 units). We will live in one and rent the other. I have been reading books and watching webinars...
Randy Difani
Long Term rental financing
Hello all. I'm in an interesting situation and need a new perspective or two.I'm under contract on two duplexes for $25,000 each. They are both fully occupied and will net approximately $12,000 / yr total.I have gone ...