Account Closed
What exactly does a title company do that I can't do myself?
It seems like a scam. I can search the property appraiser to see when the title was transferred. I can all the tax collector to see if taxes are current. I can get a copy of a warranty deed from the courthouse for nex...
Account Closed
The secret behind private money lending and borrowers success
The insurance company make it easier with repayment insurance policy. How do you think this work?
Dean Parker
subject to purchase
questions regarding subto.
-How are arrears handled, how do you ensure once arrears are caught up that seller doesn't walk on you.
- Can you do subto with a lein on property. How is this done.
- When handling insu...
Jason Rose
Why the difference in Premiums paid vs Cash Value? (Whole Life)
I'm trying to find out information for my mother regarding a Whole Life Insurance policy she has.She started this policy roughly 10 years ago (I had no idea this whole time) and is in her early 70's. As her English i...
Joe Gemma
Rent loss coverage on a vacant property?
Hi all,I'm closing on an investment property in 3 weeks and have run into an issue. The lender is requiring that I have an insurance policy with rent loss coverage. The property is going to be vacant initially as I ne...
Breelon Bryant
4 plex- is this a good deal? I am a newbie
Quick overview-
Asking price: $164,900
Property taxes: $3440/annual Or 286/mo
Insurance: $500/mo (from FHA home insurance + mortgage insurance)
Rent: $550
No flood zone, good roof, good foundation, central h...
Kenny Charles
Need some insight on this possible subject 2 deal
Hey BiggerPockets world!I have a possible sub 2 deal looking to get some insight. I have a seller who owns a 3 family home, and willing to subject 2 her remaining mortgage balance of 295k. ARV is 485k, and as is value...
John Hixon
Need Advice -ASAP
I have a situation I need advice on. This is regarding my personal home also. We switched insurance companies back in June and on Friday we received a letter from our mortgage company saying that they are charging u...
Noel Tijerino
Should I give my tenant a copy of my building insurance policy?
My tenant is asking me if I have current insurance on the building and if it covers fire, which makes me a little nervous. I'm in the building next to his, so I brought him into the office and showed him the copy I sc...
Sarah McCluskey
Current tenants running assisted living business out of duplex
I was looking at putting an offer in on a duplex, but am getting mixed information on the insurance needed - that could make or break the deal. The current tenants are running an assisted living business out of hte du...