Scott C.
Making sure I understand insurance with seller financing
I'm trying to do my first Lonnie deal and I want to make sure I completely understand how the insurance process would work on a claim. I would be named as the beneficiary of my buyers policy.
From the insurance payo...
Mike Andrews
New to BP from Los Angeles
Hey everyone,
I'm Mike Andrews, also known as Real Estate Mike here in LA. I'm a little late to the party, but I'm excited to finally join.
I host a real estate radio show on LA's KTYM-FM and I'm also an investor wh...
Venkat Raghavan
Title Insurance
Hello BPers,
I am in the process of purchasing a rental unit for 62k and I am having a friend of mine finance it (Deed for 40k). He is not too adamant with the title ins, unlike lenders.
Since I am going to get a ...
Levar Wilson
Across The Country, Renters Are Getting Crushed By Housing Costs
I read the following article and was amazed at the "pulse" of the renting market. It is encouraging as I believe that eventually this will result in more first time homebuyers that are fed up with paying the level of...
Jamurral Corbin
Private lenders that require PPI's as requirement
Has anyone received a final approval from private lender that requires to purchase payment protection insurance policy for a loan term for funding.
Gerald Koonce
Type of Insurance For Your Investment Property
Hey guys. We are in the process of doing a cash out refi on our investment property. I'm having a bit of an issue with getting the right insurance. We have to get a landlord policy which is fine but the policy must...
Peter Shafik
First Flip and it's a Primary!
Hey BP nation! I've been studying this site for about a year now, and I'm ready to start my first project. It's one dear to me because it is our primary residence (parents but they give me permission to do everything)...
John Cox
Taxes before end of year
Is it better to buy a house before the year is over to lower my taxes? I am a home owner and am interested in purchasing my first rental but am curious if it will affect my taxes to purchase now instead of after the n...
David Messam
Should I mention preforclosure?
Is it best if know the homeowners are in preforclosure to mention it to them while on phone or in person or to draw that information out if them and go with a regular introduction? Also do you recommend first going t...
Dylan Osmon
Canceling Flood Insurance
What happens if you don't renew mandatory flood insurance on a property while it has a bank note on it? What will the bank do when/if they find out?Thanks for the help, I couldn't find too much online.