If you intend to live in the next home you buy for at least a year then you can pay 5% down or less but then you will probably also have to pay mortgage insurance.

How big of a difference, if any would insurance be for a wood frame house vs cbs?

Then I found these statements also under the same section and eludes to the change in beneficiary of insurance, to which the borrower and lender are both named."

Then add ALL costs related to holding the property (utility costs, insurance premiums, property taxes, loan payments, etc.).Concessions: Concessions are what you give back to the buyer at closing.

We work with insurance companies and help homeowners with damage to their properties by educating them about (and advocating their position all the way through) the claims process and allowing them to understand their options when their homes are damaged by storms or some other cause.  

Hello @Shaun PalmerI just use standard MLS Purchase and Sale Agrements (PSAs) that title co's are used to.A standard addendum called (here) a Method of Payment Addendum is pre-printed and just needs you to put in the amount down, term and rate.  

Hi Everyone, for vacant buildings in California (warehouses, retail, office) The best rate i found a months ago was USLI, any other companies that do this type of insurance?

Data Points:101 Latham Place, CharlottePurchase price - $116,000Buy Side Closing Costs - $5000Total Rehab Cost Budget - $100,000Total Financed Amount (purchase + construction costs) - $190,000Estimated time to Rehab: 5 Months (based on conversations with multiple GC's and Architect)HML Cost to Borrow Interest  - 10,000 (12% rate on 190,000 borrowed across 5 months)HML Cost to Borrow Points - $7,000 (3.5% on 190,000)ARV - $310,000Exit Closing Costs - $3,500Staging Company to Sell - $3,000Holding Costs (utilities, taxes, insurance) - 2,750The Total Rehab Costs is based on what I believe to be a reputable GC who has experience flipping in this neighborhood.

Mahto Construction Tubro Constructionboth licensed and insured - pm me if you need their #

Trying to keep our insurance with USAA as we have been with them for 30 years.