I already have an umbrulla policy just in case but when is it enough?

no matter your credit history, income, and etc.

How is this possible can anyone help me out with this?

Thank to all of You in advance from a person still in doubt

For example, I was in Albuquerque two weeks ago and found properties that cashflowed with ZERO down as non owner occupied purchases.

Some banks, not all, have a no-flip policy on appraised value and will not finance a higher value if it was flipped twice.

Now, while this is actually sort of standard cash-flow policy in other industries, due to the way residential construction lien laws work; if the bills are unpaid on the project you own, you can actually be held liable if invoices go unpaid, the builder goes out of business and the vendor sues.However, using a good title company negates this risk entirely and these projects can be extremely lucrative for all involved.

Unless I'm misreading your post, your tax exposure is ZERO.

For instance, China and other nations have intrusive policies like censorship and such because, as they would say, they are trying to protect the base of thier governmental power and diffuse threats that may come from within the people of that nation and outside.

And others have recommended just purchasing an umbrella policy, stating that it'll serve as the same function as the former two, without the added expense of the &200.00 annual filing fee for the sub chapter S.

Kickbacks, political contributions and lobbying benefits are just a guise for purchased policies and votes.

Zero Zip Nada :cry: JeffBoston