BRRRR Lenders and Homeowners Insurance

[Elmer Javier]

Hello All! I've been reading up on the BRRRR method and was curious how one goes about the process. I understand the acronym but how would someone get the funding to buy? Would you apply for a conv 30yr loan? What about homeowners insurance? If that's the case, wouldn't you have to stay in the house for 1-2 years before renting it out? Could someone go into detail of the process? Thanks!