I am trying to figure out if i need further umbrella insurance. my insurance with nreig already has 1mm liability per property on coverage. I have 10 rental homes now. I got quotes from nreig for additional umbrella i...
Hello,
I spoke to an investor/wholesaler who purchased a flip property in Texas sept of 2023 and didn’t have the funds at the time to get begin rehabbing. He is looking to borrow $50k with 10% interest. He already h...
Question about re-affirming obligations under a Chapter 7. If a borrower has a mortgage and has cleared a Ch 7 bankruptcy, then makes a payment on the loan, have they re-affirmed the obligation, such that it now effe...
G'Day everyone,I hope you had a great weekend and are preparing to smash the coming week.I recently saw Grant Cardone make a post about his "Overnight Success". It looked really cool and although your favorite Aussie ...
Hey BP Family, I am curious of your thoughts on using your own cash vs. hard money loans for rehab work? Pros & Cons? Thanks, T.K. PS: I am buying SFRs w/ my own cash.
When buying an out of state rental property (our first one), would you recommend connecting with a local insurance agent or adding the rental property to your current insurance? We have State Farm covering our primary...
I have a few questions. First, I'm a truck driver and scheduling in-person meetups is just a pain. Is it possible to find a multifamily property on Trulia and buy it over the phone/ internet without getting screwed?
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Hi guys, Ive never had this happen to me before so I am kind of lost...
So I just closed on a 4plex in PA and I guess I have a squatter . Before closing the seller said that the apartment was empty but my handyman w...
We have a number of properties in the NE Philadelphia that are currently under an LLC and are now paid off. We buy/rent/hold. We'd like to tap into this equity but discovered that borrowing money when an LLC is involv...
My mom's mortgage broker told her this: "A conventional loan, Fannie, Freddie, or VA, FHA do not allow title into a LLC. Commercial loans (5 + units apartment buildings) allow it but not for residential. Or ...