I checked with the nearest all state and they said they can't insure an scorp they referred me to a brokerI went with farmers insurance and they offered me a DWELLING one policy which can be paid month per month (opinions on pros cons of this one??)

In my opinion that more partners you take on the more complicated the deal becomes.

Here's what I got so far from this post, as far as what the investing/rehabbing world wants from us:1) Transparency, an honest quote up front, that you can close with2) REASONABLE pricing, the hml can make money, but not an excessive or unreasonable amount3) Having upfront rules, so borrowers know what requirements have to be met, etc.4) Clear policies on credit scores and qualifying Comment: Although some hmls, like me, give little and in some cases, no consideration to credit scores, some do raise money from investors who set credit score minimums.My opinion is hmls should have whatever policy they feel is best for credit scores, but disclose it up front, and clearly from the start.

As stated by the previous poster, in my opinion, it would depend on how much of a spread there was percentagewise compared to total investment.

If you want to get a clear picture of what an UNBIASED informed opinion of loss of value is, you will have to hire your own appraiser.

You'll likely get some good opinions as other members here answer, but good golly it is a doozie of a questionI can tell you CFP and CFA certified/chartered individuals will require additional information including life goals, risk tolerance, age, human capital, lifestyle expenses, etc.

We can’t afford to guess, we have to know…In my humble opinion RE will absolutely need to be a part of your future.

So, what's your opinion on REO's?

I'm looking for some sort of document that the owner can sign to allow me the right to negotiate on her behalf.Since the demo is scheduled for April, that'll give me some time to get a 2nd opinion and hopefully more options.

I am going to get an inspection done but in the meantime there are a few things that concern me. 1.The landlord (seems like a nice guy) is way too lenient in my opinion.