Every person I can steer away from Curbio will truly feel like a good deed.

Each carrier will evaluate the property and determine what the cost will be and that's why each carrier has a different premium for the property with generally 85-90% of the coverages being the same.If you feel the dwelling is low see if they have a guaranteed home replacement endorsement that can be added or 150-200% dwelling coverage to truly protect yourself in the event of a total loss.The market is going to be like this until 2025 most likely so the easiest thing to do is raise your deductible without sacrificing coverage.

This can help you make informed decisions and maximize your investment.Keep your wife’s concerns in mind and ensure you both feel confident in the path forward.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

What is it you bring to the table? 

If you can easily touch it and feel it, it affects value. 

The only thing I’m hesitant with is their monthly income being 2.7x the monthly rent (plus 5-10% annual bonus which brings it closer) been following the 3x the monthly income qualification.

Just know if you want low money down and you do owner finance/subto/lease options, you will need to do direct to seller advertising and have a good real estate attorney.Yes you are 100% correct, it’s very misleading but I’m happy that I have good people like you on this forum that have helped bring me better information and insight!

The private lending world can sometimes feel like the wild West, but as far as industry norms go I would say that your lender is operating outside of them. 

Feel free to reach out to me anytime in regards to ground up construction financing for first time investors