Got my first property under contract recently and am starting to connect the pieces.My insurance agent that I use for Home and Auto gave me the below information on insuring a single flip under an LLC:I will have a package policy for liability and a builders risk policy.

You don't even have your first deal up and running and you are trying to do a package deal of 4 houses with no money down.

But either I'm using the search function incorrectly or it just isn't user friendly.I'm rehabbing a small home and am considering the pro's and cons of an external package unit v. a ceiling heating unit.

I have yet to hear one instance where this was a problem or could not be done, or encountered a lender calling the note due.

I found that there are not a lot of people in my area who have the contacts, the time or the eye to find REO packages so I figured I would fill a niche while everyone else is figuring out what they are going to do.

I'm working on a package deal.

We have contracts for over here (in Australia) but they do vary slightly from State to State - possibly the same in the US, but your legal people should be able to advise on that.You can get access to US standard option contracts, again that may need to be modified to suit your deal, as part of the package available at my website.

Mountain west, our local wholesaler, gave us till the 28th of this month to get all our packages in before the change.

Or they have several software packages out there that give you access to property profiles, comps, etc.

Your purchase agreement / contract will specify a period to really grind through the entire due diligence package, including inspections, but confirming the numbers before you spend any cash (purchase agreement work, inspections, etc) would be in your best interest if you can get the data from the seller.