What does the master insurance policy cover?

Doubt that happens.But, there are always exceptions, in rural areas they may be the only game in town for any buyer to use, if that's the case financing it to a new borrower, getting a better collateral position is better than it sitting on the books and taking automatic write downs while holding it for sale.Their written loan policy will dictate what they can do, to avoid issues of lending outside adopted loan policies means changing the policy for all loans, not just to a single transaction.

Greetings, any property with power off for 1+ years needs a certified safety inspection by an electrician.

But, if I include it in my HM loan, it adds another 12k onto my losses, and I have to deal with the invoice clearance and inspection procedure to get my rehab funds.If I partner with someone who puts in the rehab funds up front, I can actually save myself some money by utilizing a crew that I normally couldn't afford using the HML system, increasing my chance of making this flip work the way I want, and allowing me to utilize my own funds as a safety net and/or start another flip.Kind of a great deal, huh?

Foremost has a product where you can have what they call a "functional modified replacement cost policy".

The bums won't be attracted to a complex where the landlord has a zero tolerance policy.

I've been looking for a cheaper landlord's insurance policy and have found some but they don't cover water damage.

If you have enough seller credit you can pay off the entire mortgage insurance policy as well for a buyer to make it easier for them to qualify for your home that you're listing (no monthly MI).

The policy of not paying agents representing themselves is questionable legally, I believe, though banks have always gotten away with it.

In the case of a safety issue (failing electrical comes to mind), then you might have to go with the motel idea.