@Frank PatalanoMaking sure that the deal is a win win!

If you're using hard money simply for the purchase and plan to refinance, the hard money would actually require less than long term financing.

And 2nd, because the statistics simply show persons with __% equity have <__% likelihood of defaulting and those at __% have higher and higher likelihood of default. 

I am simply not seeing why any of those would be considered smart design decisions.

What this means is that if you see an HOA suing a homeowner, just because you win the auction, the property isn't free and clear - any superior liens will still be attached to the property.

As a new real estate investor this is simply too large a project for me to try and tackle, but I know this forum is full of quality investors who care about their tenants and are always looking for a deal!

As if you purchase the property and update the kitchen from simply an out dated look that is not necessary but is recoverable.Essentially, if you get served a redemption notice you have to put together the line item costs that the redeeming party must pay to you in order for you to surrender title back.  

Their LTV/LTC will be higher and they will likely want to scale with you where the bigger banks will likely cap you off. 70% LTV is just simply too low unless.

But if they mean your LLC is simply a "certificate holder", hell no.However, you should really connect with an insurance broker to get you some quotes.

Some people who own homes free and clear simply leave them vacant