I have been eager to learn and have been spending a lot of my time reading, listening, and watching, whatever I can about real estate investing.

Lack of understanding?

The Real Estate Investment world is vast to say the least, and I understand it can be troubling ot figure out where to start.

Hi thereFirst of all, I understand that a lender wants uninterrupted insurance coverage for any property they have a mortgage on.

Out of curiosity to better understand your case as an investor, why would you want to ask these three questions?"

We purchased a property that in 2019 had a rent to purchase ratio of 4% (and I was hopeful that 2022 would hit this ratio again, but there have been a few issues).Note to pull this off you have to have a good understanding of RE, be able to sell (best skill to get OPM), be able to underwrite properly, ideally be able to do some of the value add yourself, and be able to excel at asset management (manage the property or manage the PM). 

This includes assessing the cost of necessary renovations and understanding the property's market value after improvements.

Hi Noah,Congrats for putting yourself out there but you will need to study some real estate financing topics to understand what is possible out there with this rehab projects, and to much more accurately quote your costs/profits.

If you hit a HML you’ll need to understand the loan rates you get from HMl and then conversion to a conventional loan.

What I am trying to understand is why would I insure their actions, given I am the property owner?