Colby Zeller
MIP or Mortgage Insurance Premium included with FHA and 203k Loan
Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...
Reva Gaster
Are older 1950s homes worth it even with the high insurance
I am looking at an older home to invest in to essentially turn into a MTR. I am just nervous about the home insurance as I have been hearing the home insurance on older Florida homes are between 3k-7k a year, specific...
Zach Schwarzmiller
What should I be looking for in a Multifamily Insurance Policy?
Question for anyone and everyone:
I am buying a triplex to owner-occupy and not sure what I should be looking for in a multifamily insurance policy. I now have three quotes which are all different. I really don't kno...
Ting Lai
Insurance lapse, leading to up to $10K out of pocket repairs?
Some unexpected situation occurred this week in one of my rental properties in Tucson, AZ.I was about to file a claim for the house restoration (leaking / flooding issues) only to discover I had a lapse on my home own...
Matt Daley
Single/Multi Family Insurance Companies in PA Who are you using?
I am looking to get quotes for my Landlord & Vacant/Course of Construction Policies in the Philadelphia, Bucks County & Montgomery County Area. Looking to see who seems to be coming up the most affordable rate...
Ken Hass
insurance increase for property B if make claim on property A?
I have 2 investment properties, both in different states. One has a major water leak underneath -- according to the leak detection company. I have Safeco that insures both investment properties. I am anticipating that...
Corey Westermann
Help please - When will FHA mortgage insurance drop off my loan??
I refinanced one of my houses into a 30yr FHA loan back in January of 2013.The FHA appraised value of the property at the time was $326k. The loan amount for the refi was $255k.Since closing occurred prior to June of ...
Hannah Cheadle
Difficulty finding 6 mo Insurance for an Arizona Fix & Flip
Hi experienced flippers, especially those in the Phoenix, Arizona area...I'm closing today on a fixer in the Phoenix area, and expect to have it listed for sale by October 2017. I've been calling around countless insu...
Bryan Hancock
Taxation For Insurance Claims Kept Instead Of Used To Repair Property
So...if one receives a large insurance claim and decides to pocket it initially to pay off a mortgage and later does the property repairs what are the tax consequences? Using the dollars to pay off the mortgage initi...
Nathan Herber
Solo 401/SD IRA, vs Cash Out, vs Whole Life Insurance
Hi Bigger Pockets Community! Merry Christmas and Happy New Year to you and your family.
So, I am going down the rabbit hole of researching moving my 401k and my wife's 403b from a former employer to a Solo 401k and...