Unfortunately we are switching a LOT of policies from a dear friend (broker of 25 yrs) because of these issues.Local investors have also found that many Ins Co's review your Credit as well, inflating the premiums accordingly.In fact we had one investor couple (BK 7 yrs ago) get hit by NYCM with a $2400 premium for a duplex.???

I have some money put away but wouldn't want to use it all on the purchase of the property.Also add this lender charges 10% interest and time frame is 6 yrs.

The guy hasn't paid in over 7 yrs so I will use that as leverage.

On average it takes 2 yrs to get permitted, ^months to build- 30 months of rates & tax's on a non performing investment?

She had lived there 6 yrs, blah, blah, blah.

•Located near to emerging Software SEZ and education hub (15 collages will be operation in coming 5-6 yrs).

I have sold real estate for the last 12 yrs.

So how are going to put a new roof or plumbing or appliances in this deal a few yrs from now?

You've got an opportunity to realize profits right now that would take 8.5 yrs to acquire otherwise.It should be noted that this is the exact strategy of many very successful investors.

I came "back" to real estate 10 yrs ago.So, it was relatively easy for me because I had assets to invest but here are the answers to your questions.1.