Hira Bakhsh
Flip property insurance and contract clauses
Hi Folks,Looking for some guidance for insurance and contract clauses for a flip property:- What insurances should I consider to fully protect myself and the property against any and all liabilities- What essential cl...
Jose Tamayo Jr
Our Second Home is a home run but it didn't start that way!
Investment Info:
Single-family residence buy & hold investment in Simi Valley.
Purchase price: $535,000
Cash invested: $85,000
We Sold a mobile home that we purchased for $74,000 back in 2014. We...
Justin Swann
Owner Occupied Multifamily Refinance
In short, my question is, if i refinance my owner occupant multi, do I need to occupy the unit for another year? We bought as owner occupant and have fullfilled our 1 year obligation and are looking to buy another pro...
Trent Jordan
Earnest Money not being Returned
My agent and I looked at several properties with nothing worth our time. Eventually, our agent's coworker stated his mother has a property that's not on the market. We then went to visit said property. We visited t...
Kevin DeMaio
Cash Out Refi vs. Home Equity Line of Credit
What would my fellow BPers use to get started off on their first BRRRR. Using a primary residence, would you cash out refi or use a home equity line of credit and why? What would the personal pros and cons be for both...
Dillon Francis
Sitting Down With Seller to Discuss Seller-Financing
I have been listening to some of the podcasts where the guests have been discussing seller-financing. I would like to learn more about the process from the buyer's perspective. Does anyone have any advice in regards t...
Luke Davis
Shopping for Lenders
I was reading a little bit about shopping for loans, and I was wondering if anyone had any tips on looking for lenders who can lend you the loan that you want, on your terms, without having to actually apply for a loa...
David Gjeldum
Transfer of ownership to a LLC, frees up credit?
Hey everyone,
Thinking of buying a condo here in Chicago (I know none of you are fond of that, but I have my reasons)
Say I buy a unit/finance it in my own name. If I transfer ownership to a LLC, does that free up m...
Stephen Brander
Buying in a neighborhood with inactive HOA
I'm in contract on a home in a nice neighborhood. The Title company shows the builder established a HOA back in 1979 and it is still in force, though the sellers and listing agents were not aware of it. I plan on e...
Bryce Tritt
New member from Dallas, TX
Hello BP community,
My name is Bryce Tritt and after listening to the podcasts during my commute to work for the pasts couple weeks, I finally got around to becoming a member. I grew up in Arkansas and moved...