Stock market-  it’s time for a 40 to 50% dive.Whether any or all of these come to fruition as an issue, just one of them would have a significant impact on REI.

can you layout your typical transaction with these folks its unclear from your post how these were set up.. are you a borrower and they are the first position lender on flip deals ???

They will give you a different policy with different coverages.

But to sum up your truly relevant point, all you are really saying is that there is high default risk when you deal with people who have poor credit history or some other financial issues.

Glad to help.

Quote from @Vincent Zhang: Looking to connect with contractors and investors that want to do their own flips in the Columbus, OH area!  

I'm New not New to the group.

You will need to save that initial income to buy your first properties, get your mortgages, etc.You don't need a college degree to swing a hammer, but that psychology class could come in handy negotiating with a difficult tenant.

If you have no desire or ability to go to your own hundreds of thousands dollar investment, why even deal with it?

Just wondering can you ever catch a great deal on the market  and if so what’s stopping you from taking advantage?