AllWe have a contract on our first home to start flipping, (exciting) from asking around we have received different answers to our question, "what insurance should we carry for flipping homes".We have received the following, Builders Risk, Liability, Home owners and few others, should we carry one, all or a combination.

The shorter loan term is in many cases a interest rate risk tool as these institutions do not have the long term funding in place to carry a 20-plus year fixed asset on their books.

If they are using lender or hard money funds, it means even if you agreed to carry back the $15K difference, you likely wouldn't be in first position.If it were me, I'd tell the buyer no deal without the $100K.  

I think it just carries forward with all the amazing people who join and give of themselves.

Failure to abide by the stay is a violation of the law and carries stiff penalties.  

Otherwise you are correct, if it was an investment it would be 20%+"-However, we must not forget that one must still qualify to carry a loan on a $600k property!  

Your buddy should know better, he needs to hire only inured subs, and carry his own workers comp policy.  

I am hoping that you can help me to find a way to get started with no money down, I have a seller that is willing to carry a 700k loan over a 35 year period which is great but  he wants 100 k down.

Also, this type of property will take some time to sell I’d assume, so carrying that mortgage for up to 6 months is not optimal.We have other properties(commercial) as well as a business (car wash) that remain positive cash flowing/profitable.  

@Brett Wolk As other have stated, using age do deny a loan is a FHA violation and carried penalty.