-If you had a landlord policy, but did not have this coverage, than your insurance agent made a mistake and you could claim this loss under his E&O-If you had it insured as a Homeowners policy (owner occupied), and had it rented, the insurance carrier could have denied the claim.Did you have it insured any other way?

Just some made up numbers for an example:Original mortgage payment: $1000 monthHELOC payment: $500monthTotal:$1500Now rental #1 cash flow $400 positive per monthRental #2 cash flow $400 positive per month=$800 - $500 = $300 more in your pocket per month than before.

Depending on local customs, some title companies do not accept checks any longer.

I know Homer has made a lot of money doing this, but I never like to see “ motivated seller.”

Hey Jordan,I am a Winnipeg realtor/property manager.Have you made any moves towards purchasing any revenue properties in Winnipeg?

We still don't know what's happening behind the walls.I know we made all of the rookie mistakes on this one and now have to pay the ultimate price.

This is a three story twin...not the typical three bedroom townhome that is made into a duplex.Prop B: A single family in West Philadelphia 55th st between Cedar and Catherine.

I have a multifamily property that I have made a lot of improvements to since it was purchased 1 year ago.

If the seller showed the affordability to be approved for a mod, the servicer may want proof that those modified payments can not be made (further hardship explanation).

If you instead got the bank to agree to finance the repairs, they would list 100K in budgeted repairs on the HUD statement (closing statement) and then you would put down 20% of 600K (the all in price) and get a mortgage for 480K (you put up 120K) they would then hold the extra 100K in escrow and release it to you as you made the repairs.Techincally this is different than BRRRR since you are really just buying, rehabbing renting and repeating ie BRRR but are skipping the final R (refinance)