My primary investment strategies are fix and flip and BRRRR, with a focus on finding value-add opportunities and executing efficiently.I’m here to keep learning, connect with other investors, and collaborate on deals as I continue to grow in this space.

Was it in just his name, held jointly, an LLC?

On the lending side, I see this happen frequently and the seller will need to pay them off ahead of closing as the buyer doesn't want to take on the payments of the panels. 

This adds up quickly.

Hey BP community,I’m looking for recommendations for a solid insurance broker in New Jersey who works with real estate investors (1–4 units / small multifamily).Ideally someone familiar with investment properties in general; not just owner-occupied homes.If you’ve had a good experience with someone in NJ, I’d appreciate the referral.

My fiance and I are under contract for a 2 family + garden unit home in jersey city.

We plan to keep this property long-term as part of our portfolio and look for additional investing opportunities in the future.

Would love to hear about your experiences (good or bad) and any advice you’d give to someone thinking about trying this model!

30k in cost segregation just saved us 400k in income tax this year!  

Here's what worked when I had this exact situation - I offered them a deal: pay 2-3 months upfront to break lease clean, OR pay monthly until I fill it but they help with showings (giving access, keeping it clean).