They recommend certain other products to help you but nothing is shoved down your throat. 

There are separate loan products for construction of an ADU (checkout Derek @ThatADUGuy on Instagram) to learn more.

Rates will usually be in the Prime + 3-4% range if you are trying to max out how much of a line you can get.  

The guy sure knows how to sell products.

I already had my own business, some cash, lines of credit and a solid contractor as a partner which is how I have grown my portfolio so aggressively over the past few years.Unfortunately, $8k is not going to get you very far despite the promises of no money down investing.

With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.

Here is what I would do:I would still close on the property but send a letter to the sellers broker and the seller along the lines of below (note I would have an attorney write it and send it):It has been brought to our attention there was a $15,000 insurance claim on the property.

They have very professional products, usually for less than $10 and with instructions on how to use the product.

We even got their name, as one of three, from the local distributor of the product.  

How about the simple obvious that the inputs to deliver the service/product have a base-line and market prices have, OBVIOUSLY, been at about as lean of operating profit margins as can be.