In addition, if i were to find a bank that offers this package, what kinds of hurdles should i expect to encounter before loan is approved (e.g. appraisal, state/local ordinances, etc)?

If the property is solely tenant occupied you will be looking for a Dwelling/Fire Policy (may be called a Landorrd policy or similar name) or a commercial policy such as a Businessowners or Package polciy.Most homeowers or dwelliing/fire policies include:1.

As I mentioned, if interested, I can share with you all the "paper trail" of our last flip - contracts, waivers, estimates, tracking, SOW, contractor packages, timesheets, etc. - stuff to help you in your rehab project.

It’s easier to buy in these areas generally and sometimes an operator can buy a package of properties from burnt out landlords etc .

They'll have painless access to both standard and surplus market policies and would likely be able to craft the right package for you quickly.  

We found littler, custom-package guys here www.helpsafestay.com, but we prefer to work with someone in person. 

We found littler, custom-package guys here www.helpsafestay.com, but we prefer to work with someone in person.

Purchase price $107,000 these are two separate properties buying as a package.

I'm looking at a Triplex & duplex packaged deal, they are next to each other, sharing a courtyard, but on 2 different parcels.  

Maybe Jacque will pop back on and again confirm that they no longer make it mandatory to buy there APP or information package.. and AGAIN I am not anti guru or information selling by any means I have done tonnes of business with Gurus over the years and the back end fulfillment companies that run them that are like DHM all based in Utah.. its an industry there in the Provo area..