You've got to really, really, really understand the zoning for each county and mind the fire insurance hazard premiums.

Lending to a flipper is much riskier and carries a much higher risk premium than owner-occupied loans, which currently carry a National Average according to unbiased publication Mortgage News Daily, of 7.13%.

Some sellers offer assumable rates for a premium price, although these are more rare.

Is it simply looking at the ratio of insured value-to-annual premium?

Hi All, owner of an out of state home in Georgia, insurance premium doubled - any tips to brokers that can help out here?

@Danny Van- thanks  1) if you have some equity in the property - you might consider getting a HELOC in place now  in case you  want to use any  equity in the future ...Its  easier to get a heloc in place on a primary home as compared to a rental  2) contact your insurance agent and  ask for an  estimate for how the insurance coverage and premium will  change  3) consider  a proeprty management firm if you dont want to  self  manage  4)  get any forms and  processes  in place  (  leases / credit checks / bank accounts/  etc ....)

Hey Michael,I'm an insurance broker in Totowa.ALL insurance premiums are rising everywhere and there's nothing ANYONE can do to stop it.

It's going to be a factor almost anywhere you'd invest, but just make sure to add a bit of cushion into your costs to account for increasing premiums.

In order for the agent to receive a portion of the premium, (s)he must do work commensurate with the reward (see Section 8 of RESPA). 

They do not have to pay for preservation improvements or insurance premiums or any interest on the overbid.