Insurance costs are going to be extremely relative to a list of variables that differ with every property, but if you know what to target and what to watch out for, these costs do not at all prevent positive cash flow on the right opportunities

Once the rehab is complete, the loan just converts into a regular mortgage, so no need to refinance and no second set of closing costs.As mentioned above, you haven't posted a ton of other details, so there may be a lot of variables, but I did a deal as a buyer in this fashion in the past.

Put excess fund into a self directed variable annuity.6.

Just remember ground up type project deals can sometimes have the fattest projections but also the most variables and risk.

I know a lot of variables have to be taken into account.

Honestly, there are many variables. 

This would be a non recourse loan (for a downpayment on a new construction property) so we wanted to consider something other than our HELOC (that has a variable interest rate attached to it). 

Size and private bathroom can change that variable.

If your getting different answers, then there are different variables in there somewhere. 

These variables can cause deals to fall through or add unnecessary stress to your project—something you don’t want to experience as a new investor.Better Negotiating Position: Cash is king in real estate.