You do not want to be improving the property and have to head to auction to bid or buy back from them after auction.  

In this particular case . . .190K ACV + 1M Liability Builder's Risk with Erie is $60 per month150K RC + 1M Liability Builder's Risk with NREIG is $125 per monthIf Erie would consider the ACV of the existing house to be at least 75K, the coverages would appear to be similar, because the ACV of any improvements would seem likely to be the same value as RC.

.- If I were to pay all cash for a townhouse, put capital improvements and acquire appreciation how long from the day I purchased the townhouse would I have to wait until I could reappraise and finance?

guess what, Start over and reapply.Bonding of improvements with the municipality is something to consider.

I wanted to pull out some of the equity from the improvement.If you didn't do anything significant to improve the duplex, I would wait another year or two.

From what we have gathered , it seems that the most tax efficient route is to hold long term investments and short term investments in separate entities but we aren't sure which entities to hold them in (LLC, S.

Trying to absorb as much as I can.Flipping, whole selling, commercial, and international development are all areas I'm trying to learn/improve in and learn more about.

We also have a little higher turn around rate (a double edged sword) but we believe this allows us to better keep pace with the market, minimizes potential for damage, and demands that we be efficient in our management (a good discipline for the future).Any more thoughts?

Then of course one could have gutted kitchen and baths expecting to remodel but run out of money before getting it done.Steve, in that case you show the hard costs of improvements, might support that with pictures, they can bite off on that, most likely though you just get another appraisal.And yes, I had a few rehabs handed to me, it can go the other way too. :)

But If a bank will sell you a house when they were going to put a measly 8K improvement in it (which only means they had possession of it) and sell it for FMV of 75K, they need new staff.