How does the new lender even have a clue to question it?

Flippers like to do insurance on the cheap because with a near 100% loan what do they have to lose...lender loses.Believe it or not, I had one flipper whose insurance agent didn't have a clue what a Vacant policy was and kept insisting a homeowners policy was 'the appropriate coverage' to use his words. 

It can be a little difficult looking at all of these post and to not have a clue what people are talking about aha.

DOM isn't always a clue either, I've seen some that went under or way under list at only 30 DOM!

Once you know why, then you are in a better position to satisfy that need - and get a good deal.Even if you call them and do not have a clue as to a proper asking price, it is okay.

I rarely use the app so I have no clue when this started.  

**Answers to the questions will give you clues as to how the CPA works with his/her clients.

Lender liability suits etc. much better to go for vacant props.. in this scenario in my mind.The market is telling you something if you as basically a private investor who can cherry pick a tape that there is risk associated that the lender does not want to incur and they wish to transfer the risk to you.I see this as income average play.. some will be great some OK and some could be wipe outs.you would hate to use most if not all of your investment cash to buy one of these and you get that ONE that flops badly.I see this in the auction bizz in our state.. newbie shows up pays far to much for a property.. or even worse buys a second thinking they just bought a first .. and gets wiped out.I bought a house 3 years ago.. were this scnerio played out.. guy bought a second had no clue went in and rehab the whole house the first goes to sale 45 days later I buy it.

Now I know I can't be the only person who has no clue, looking for advice if anyone has any.Jeff

Nobody's going to have a clue what you do anyway.