Maybe you should exhaust the other "means of protection" and get some serious equity in your treasure chest before getting fancy with asset protection entities?

I'm purchasing a new build in Simpsonville, SC after an exhausted search of available properties and this will be my primary residence for some time to come.

We both have a few contacts in lending but I want to make sure we exhaust our options!

It was a item of last resort after I exhausted other forms of financing to put together my last deal.

Only after all their efforts have been exhausted do they finally go in for the (excuse my terminology) "kill".Finally, recognize that in today's world of absolutely Zero Privacy, you're probably going to be like the 10th person trying to contact the owner.

The umbrella will provide an additional $1,000,000 in coverage (or higher if you purchase higher coverage) that will start when the Underlying limits are exhausted.

(I like seeing 2.0X over 5 years generally)Just a few questions, not exhaustive though.

I’ve purchased 11 properties and BRRRed each of them.I carry 1m liability on each individual door, have an additional 1 million umbrella policy that covers my wife and I personally should the initial individual policy for any property be exhausted.

. $1,000 plus is common probably an appraisal that will be around $500Draw- the funds for repairs are usually disbursed (often  called a draw) as  the work is completed there is often a fee involved with each draw, could easily $100 to $200.These are the basic costs, but not an exhaustive listIf you will be financing a flip and you are not well versed in these terms and procedures you probably should hold off on flipping until you fully understand these.

I would make sure you have exhausted shopping all flood insurance options.