All the hard money lenders I've worked with in the past (and the one I currently work for) deem an appraisal necessary for risk management purposes to insure AIV and ARV estimates are good.Curious how you'd manage risk without one? 

Remember the purpose of a proforma is to determine if a deal pencils broadly, so getting extremely granular doesn't add anything useful.

But, if they do not it means they can ONLY do business purpose loans. 

If the purpose is to avoid probate, then everything should be in the trust.

Have a fantastic day on purpose everyone.

I wrote the above for informational purposes.

Nicholas depends on what your ultimate purpose and goals are.

My gut says you probably want/need separate policies for the different entities at the very least - the purpose of having them is to keep things separate in case of a lawsuit, so combining insurance would pierce the veil and allow someone to come after everything. 

The purpose of this post is to alert people about this $35K scam (since BP has such a high Google ranking, and hopefully this post might come up in some's search result when they are doing research on this so called "Elite Legacy Education"), and here are the details:I read the Rich Dad Poor Dad book back in high school, and I'm fascinated by his emphasis on financial education (although later on I realize man of his other books are repetitive and erroneous).

For purposes of this Regulation, “apartment building” meansand “apartment house” as defined in LVMC 19.18.020.Effective December 5, 2018, a short-term residential rental may be allowed to operate as a conditional use,provided it meets the following standards:1.