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Results (10000)
Matthew Vorce First Duplex Closing Costs
4 January 2016 | 7 replies

Hello BP!I am working on closing my first duplex deal in Mount Clemens Michigan. The duplex is 2 - 3/1 units with a price of just over 100k. The loan I am using is an FHA loan with 3.5% down. I received the closing co...

Peter Goeller Getting my lease written up using BP's lease
30 April 2020 | 1 reply

Hello BP Im a new landlord here in Massachusetts, and im getting my lease together using the lease that comes with the pro membership ( I just upgraded and I love it. highly recomended) there is one section 19 B that ...

Cory S. Legal Basement Suite & Main Floor Suite
11 April 2018 | 7 replies

I’m having an issue getting my 2 units insured. Is this classified as commercial? Multi family? What’s a reasonable rate for insurance?

The insurance brokers that I have talked to sound confused and don’t know how to...

Christine Glasner A car smashed into our rental property!
29 April 2014 | 23 replies

Okay, so I get home yesterday and there is a message on my phone from my stepdaughter. "Christine, you might want to check out Facebook. There is a picture on there with a car crashed through the front of a house a...

Rav Ram How do you do a wrap around mortage and have one insurance policy for buyer, seller and seller's lender?
5 April 2014 | 21 replies

Does anyone know how to get one insurance policy that covers everybody at the get go? I can't seem to find this.


As the seller, I need to have the insurance for my original lender, but i want to cover the ...

Johnoson Crutchfield totally unprepared; when rental property catches on fire
2 December 2018 | 15 replies

I've been adding units so fast that I don't know what to do when a rental property catches on fire.  I have a house that has caught on fire and could use some moral support and some steps to take starting now.  total ...

Jessica Weiler Owner Financing
6 July 2016 | 1 reply

Hi everyone! I own a property in my IRA and I am offering seller financing to the buyer. This will be our 1st time doing owner financing. We have questions about having the property insured. I know that the buyer is s...

Lola Brin LLC use of EIN vs SSn
27 December 2012 | 20 replies

'We are transfering property that is under our name to an LLC. We are planning to use a Special Warranty Deed. We want to continue to use our SSN rather than to get and start filing using a EIN, has anyone had experie...

Marcin G. what if sub gets injured
18 October 2014 | 31 replies

Lets say I hire GC, I sign a contract that among other stipulations says that I pay only to GC. GC hires subs. Lets say he hired painters team. Guys are not licensed or insured …one of them falls off his ladder and...

Charles Granja What are normal title fees 400-500k house?
22 November 2022 | 14 replies

In the past, I have purchased homes and title costs are normally 700-1200$ for homes between 100-250k (California/Missouri/Kansas).For a 420k house (Chicago), I am purchasing they have the total at 3500$, seems like a...