State Farm agents might offer alternative solutions, and national insurance companies could still provide coverage, though potentially at a higher cost.

@Khayla WilliamsI strongly recommend against borrowing 100% for a propertyThere is significant risk in owning real estate including section 8 and maintaining the home in a certain condition and if you do t have the funds for those repairs you could lose it all.I always recommend people budget and save enough for a down payment and reserves before getting into their first property.

Originally posted by @Bonnie Low:@Michael Magno do you have any recommendations for PMs in Toledo or Sandusky? 

It took longer than we would have liked and it cost more than we would have liked, but we made a significant profit.

That has been talked about forever.While I mention that I would agree Springfield, west Alexandria and Annandale are ripe for a huge boom as on the Virginia side it’s the one area that does not have great metro access so the cost of housing is considerably less than abutting downtown Alexandria / Alexandria-FFX county and falls church.

Without knowing the cost of interest on the line of credits, it is hard to say whether this is a good or bad option.

Cost overruns, who comes up with the money, how is return effected? 

T hats generally not a viable business strategy.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Hi Will,Give up on your dreams of a low rate on industrial right now.If someone is going to lend you 75 LTV.Rate is going to be around 11-12%.