Both options have pros and cons, and the right choice depends on your lifestyle, experience, and long-term goals.

Depending on how much money you're willing to pay, it might make more financial sense to use another platform.

It kind of depends on the type of properties you're looking for funding on.

An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.

8%-11% is pretty standard here and as someone mentioned it really just depends on how the company is run.

If you are looking to pull out equity on your home to start to do some fix&flips(great idea) then it would all depend on how much equity there is in you home and your current income(SSI,retirement etc).

Depending on the value at the time of death and your basis you may need to file a gift tax return.I would speak with a CA attorney to determine the best type of deed to file and a tax professional to gather more information.

As others have said, insurance will most likely not be worth it depending on your deductible.

I think this totally depends on the investor and how many projects they are doing in a given year.

Depending on the volume you would be submitting, find a company that does not have high monthly minimums and can walk you through the process if this is your first time using.