Hi Guys,I'm starting my vetting process of various mortgage lenders in my area. I have compiled a nice list of questions based on the article 7 Questions Real Estate Investors Should Ask When Selecting a Lender. Can y...
Own a 2 flat in a flood plain area. Paying huge sum to FEMA for flood insurance. To appeal for the flood insurance, i was told to obtain a elevation certification and submit it to FEMA for review on the premium. Any ...
So I've been looking to buy a duplex in Salt Lake City that would be owner occupied. More specifically in salt lake valley, excluding rose park or west valley (my wife is on board for anywhere else). The trouble is, w...
If I roll over a 401k from an old job into a self directed IRA,
Can I take 20K from the IRA and use it as a down payment on a property?
The property will cash flow about 200 per month. Is this cash mine to do as I ...
Hello BP,If I have a non performing 1st lien note, may I contact the borrower to negotiate a payment plan or workout plan without having a mortgage broker license? Would I be able to change the terms of the original c...
Hey team - Would love your thoughts for this situation: (BLUF - my tenant has had to deal with appliance issues for almost a month through no fault of her own, and I want to try to make that right).My tenant let me k...
Ref: Lender "Mortgagee Clause" vs. "Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collate...
I have funds in a 401-k plan from a former employer that I want to roll over to a solo 401-k; then, write a check to purchase an income producing property without financing.
A desirable property just hit the market ...
Just closed on our 7th rental on 2-14-2020. The property is in Melbourne, FL. For the last year, I was having a hard time justifying market prices in our area and how thin the margins would be on properties I was an...
Hi All -I have a situation regarding selling my property. I am selling our duplex (one unit renting for $1100.00/month, and the other was owner occupied by us) due to relocating my family to the Atlanta GA area.After ...