I've included an example below to help illustrate this.

I agree that the proper way of illustrating this is to mention that you are using OPM (other people's money) by taking the loan from the insurance company that is secured by the collateral of the cash value.I illustrate this concept by max overfunding on day one. 

If you look at a properly designed illustration in the later years, the difference between death benefit and cash value is minimal, hence the insurance company is "on the hook" for very little, which causes the policy costs/fees to be lower.Thirdly, I agree, the loan is much more important than most discuss. 

Here is the info: Residential Construction Basics, 3rd Edition Total Credit Hours: 7.5 Skill Level: Basic This fully illustrated course shows how a home is built, beginning with the foundation and following with each step until the structure is complete.

It sounds like a lot of leads but most investors are outsourcing cold calling just like their direct mail.The image below illustrates the main points I'm touching on.

If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

@Nathan Gesner's response illustrates this.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

The concept illustrated here is really not that complicated.

And tax treatment of renovations on properties is the opposite of simple.After the holidays, I'm planning to write a long post illustrating why taxes are so difficult to estimate.