All Forum Posts by: Matt Huber

@Joe Splitrock

Thanks for the info Joe!

The more I look into some of the ideas (strategies?) mentioned on that particular podcast, the more I'm thinking that it was an effort to drive traffic to Pace's courses and mentoring programs. He gave just enough information to find his website, but I can't seem to find anything else to legitimize this.

I understand that, generally speaking, a foreclosure due to title transfer is unlikely, so long as the loan payments are being made. However, the risk of foreclosure could be an area of concern for a seller, and I can see how such an "assurance" product might help close a deal.

Anyhow, I appreciate your comments and suggestions!

@Jason Bott

Hey Jason! Thanks for the reply. Yes, I understand that such a product would not strictly be defined as "insurance." I was just using the nomenclature that Pace used on the podcast.

Appreciate the feedback!

On the BiggerPockets podcast episode 527, Pace Morby explained that there are companies that provide "Due on Sale Clause" insurance. I've Googled a bit, but can't seem to find any further information or providers of this. Does anyone have experience with something like this? 

In the same episode, Pace explained that in a subject-to purchase, you can have a service company collect the payments, and in that way the seller's DTI could be relieved of the subject-to payment amount. Can anyone point me in the right direction for this kind of service provider?

I'd love the chance to talk to somebody with experience with any of these tools and strategies.

Has anyone on BP put together a guide of Houston neighborhoods? (ie class, crime, job market growth) I noticed this has been done for several other metro areas.

Is this a monthly meeting? Any plans for one in Oct or Nov?

There are a number of duplexes listed for sale on the MLS in Sacramento and Placer counties.....

Hello!

I've been shopping insurance for an investment property, and I've received two quotes from different insurers. One is a DP2 policy, the other a DP3 policy. The premium difference is about 30% ($500). 

I'm having a hard time finding what additional perils might be covered on a DP3.... Does anyone have any advice on this? 

I'll have the agent send me the contracts for each so I can review, but any other advice is appreciated.

@Alex Henry Thank you

Would you say that Willoughby is similar, since it's so close to Mentor?

@James Wise Thank you. This is what I had gathered, and I really appreciate you confirming it!