Just a quick shout out to Rivermark Credit Union in Portland - lending 90% LTV, no fees beyond appraisal, and very quick turn around. 1.24% over prime - I got a little lower rate on my out of state HELOC on a rental ...
Hello, I'm in process of purchasing a 60-unit apartment building in Texas and shopping around for property insurance. Any advice or referrals would be greatly appreciated
Best,
S
Over the past 4 years, banks were lending non-stop to anyone breathing using no doc loans at high ltvs. Now market prices have fallen, ltvs are more stringent, and now banks are hesitant to lend. Go figure a bank's me...
Hello, new to BiggerPockets! I have questions regarding my international home sale in South Korea. Hope somebody can help. I am a US citizen, living in South Korea, married, filing jointly. Our salary is $60k. Our ...
Need some perspective on insurance coverage as I'm unsure of the advice I'm getting from my insurance agent and lawyer.We currently have 4 properties in their own respective LLC rolling up to a parent LLC. This is in...
Just curious everyones thoughts on using an umbrella policy vs an LLC especially with an expanding portfolio?
thank you in advance!
Fellow investors,
With the recent amount of hurricanes the past three years in Louisiana, several insurance companies are not signing new policies on property. We currently use NREIG for our investment properties but...
In my everyday experience interacting with landlords, I have noticed a few things that are surprising to me. Often times the smaller scale landlord/investor does not take into consideration certain liability exposures...
Hello everyone,I've been trying to figure out the answer to a question about how to come up with the amount of umbrella insurance coverage I need. I used to have $1M umbrella, but my insurance agent says I am signific...
Hey all,I have my 1st property under contract, it will be a rental (it is currently vacant). I'm trying to make a decision between a landlord policy or an umbrella policy and I'm leaning towards landlord policy. My in...