Hello,I've been struggling insuring my property while I was renting it as a long term rental due to the property age (1970's). Speaking to other LL, we all have the same issue, only Citizens or Heritage insure propert...
I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...
Hi,I was wondering if anyone knew what happens when you convert a 2nd home to a long term rental property? The second home mortgage has a good rate and I believe I have it classified as a home rather than an investmen...
Does anyone have any experience or advice using a DSCR loan (debt service coverage ratio loan or asset-based loan) using OPM (other people's money) for the down payment? We trying to creatively solve this for an STR (...
Hello,
So I recently was given an opportunity by an associate of mines who referred a client to me that needs a "holding-hands" sort of speak professional to help them do fix and flips on their portfolio investments....
We want to rent out a basement apartment in our primary home on AirBnb (or long term rental with standard lease). Would love sage advice on what/how to do this right.
ASSETS
650k equity in home, stock/bond investm...
Hi,Anyone here owns a CRE in Houston that is paying for flood insurance? What should I expect in terms of premium for $500k coverage?There's not much information on the internet regarding how much it costs for CRE so...
I think I have found a good lender but thought I would get some opinions. They will loan 80% LTV. It will be amortized for 20 years. 5 year ARM. 20% down. They use Debt coverage formula and not DTI. Any thoughts on te...
I’m from a city that has very little to no condos. I was looking at a few condos in Atlanta, and noticed that some I was looking at, their HOA fees were way more than others. What determines the price of an HOA fee fo...
Hi everyone,I wanna ask how you guys insure your real estate and what company to insure with,I have 3 duplexes and 1 fourplex ,just got off the phone with progressive with a shocking quote, wanna ask how much on avera...