There will be requirements set forth by your lender that the insurance coverage must fulfil.Take into account other coverage alternatives like liability insurance, umbrella insurance, or coverage for certain risks like floods or earthquakes, depending on the property and your situation.Examine the insurance firms you are considering's ratings for both financial soundness and consumer happiness.

Because of closing costs and holding costs.Now, you might be saying "Andrew, this sounds crazy.  

We were misled until the day before closing and never agreed on this new 'non warrantable' loan.If in fact this sound illegal on their part, what options do we have to dispute this?

Sounds like you are referring to a non-recourse loan, like a Fannie Mae or Freddie Mac Small Balance Loan.

It sounds like your situation in life has changed, and that have a certain focus and direction that sounds like your pretty well set for.

Here in the SF Bay Area, I pay around $3000 for an architect who just for the plans and files the permits.I have an interior designer shes very experienced and helps me with exterior/interior and landscaping she charges around $5000 including also her ordering and making sure all materials arrive at the site.Might not sound cheap but after I got those 2 I was able to scale up my flipping business and the ROI make sense.

then you said something about do more of a multifamily product not single family and do much better rents are higher appreciation etc. but that sounds like your saying multifamily appreciation is better and rents are higher.. im pretty comfortable letting that 10k sit in the house and not needing it to recycle into the next.

Just wanted some feedback from any other BP members who are location independent, have worked with co-ops, international RE, or just curious.Thanks, George I like this innovative (sounding) idea.

I know it sounds illegal but I’m trying so hard to get a little closer to get this home that is just perfect for my family.

It sounds like your mortgage is about equal to potential rent.