70% LTV life insurance loanHow did you add value to the deal?

Definitely, look more into it under the REAL ESTATE STRATEGIES--  HOUSE HACKING section on BP.

Does anyone know if home owner’s insurance would cover this?

If your insurance coverage isn't enough, they could seize the LLC assets, but not your personal assets.Additional thoughts:1.

Sure, there are going to be people who fail but if you truly try and make your best effort and do your own due diligence by evaluating these properties, inspection, ARV, etc. and really learning the strategy of both BRRR and turnkey fix and flip, it will work.You need to build a strong and trustworthy team on the ground.People nowadays quit the second something gets hard.

Or any other tax strategy?

Reno makes sense from a tax and insurance and economic growth perspective and also proximity to family but it's not a place I've fallen in love with despite spending two weeks there (one week last winter and one week more recently in the summer).

How are you affording health insurance?

Hello BP Community,I'm seeking some seasoned advice on starting in RE investing.Context: I'm an underwriter at one of the world's largest commercial insurance firms, specializing in commercial property insurance underwriting.

Like others said - you get a homestead exemption (if you do the work to file it), you get special financing (FHA, low money down), your insurance can be better...