I intend to pay all cash, thereby removing the requirement for flood insurance. 

If the property doesn't meet the DSCR or the value basedon the market cap rate, your down payment will increase to bring up the DSCR orclose the gap to cap-rate value.Challenges/Lessons Learned: Just becauseyou can buy a property with a CMHC insured loan doesn't mean it is a good deal.We've seen a lot of investors agree to pay too much for the properties, and getshocked with a big down payment and low cashflow due to the low DSCRrequirements.

If I was going to sell one of my parks I would not provide my tax returns or bank statements but would provide my P/Ls, rent rolls, list of utilities, taxes, insurance, etc.  

First, you always wind up being in for more than you budget, always, and two if you are cutting the capital requirement needed close then you can go under and default.Truth be told, to get through a deal and afford: Down Payment, Closing Costs, Holding Costs, Deposit for contractor, taxes, insurance. 

Hi all,I have a strange insurance situation in Cape Coral, FL.

With used cars averaging $34,859 and full-coverage insurance costing $2,496 annually, only California is pricier.

Annuities and cash value of life insurance are fully exempt in Texas and Florida as well. 6.

Conversations with a person land so much better than a message thru FF.Also it is helpful to know that most Corporate Housing companies or Insurance Agencies that are trying to find housing for their customers and reach out to you, they do finds leads on FF.  

Dont just turn the Claim in with your insurer.

Title Insurance.