Purchase price: $1,485,000 Beautiful estate-like property in the Redwood forest above Santa Cruz CA.

Hi George, for liability coverage during a flip, consider a Builder's Risk policy for property damage, and a General Liability policy for third-party injuries or property damage.

Hey Ryan, welcome to the BP Forums.Three properties in a year is really impressive,congrats!

Single family or multifamily, flips or rentals, new developments in light areas or infill lots?

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

Managing a rental property can be challenging, especially if it’s your first experience.

@Marquez Cadet Haven't used one in a while, but I am currently seeking bird dogs in Eastern PA, DE, NJ and Northern MD and am willing to pay $1000 per closed lead (paid when I close on buying the property).

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Some context, I have 3 other properties in a different city and am currently on 1099 income (so I can't do conventional) for the past 3 months.

I've built relationships with property managers who have distressed properties in their portfolios that can communicate directly to owners.