It’s a shotgun approach to insurance, in that they shop the entire market and find the companies that will accept your risk instead of you, yourself calling 10 insurance companies and wasting your time.

As a matter of fact, you may want to approach another company before you meet with the original guy.

So my question is, what would be a good place to approach and start a dialogue with potential investors/land equity partners? 

Although they are located in the same neighborhood, he made no adjustments due to the age of those homes.We have sent those listings to the lender and the appraiser to reassess.Also approached the seller but they don’t want to reduce the price at all.

Wanted to hear from fellow BP members what their thoughts are on this approach. 

A couple investors approached us, and asked if they could put up the 35k (furniture/labor) for monthly returns, so we structured a deal where we split the profits.

Any insight into how others have approach this scenario (albeit a great one) are appreciated!!

HH income is about $130k excluding bonuses and we have no other debt.I'm having trouble determining which scenario is the best approach given the details.Scenario 1: Refinance the $88k to 30 year, no cash-out, drastically reducing the payment for us now and for rental cash flow.Scenario 2: Cash-out refinance up to 70% LTV.

I realize the appeal of a traditional duplex but there are other options and ways to approach the situation if you're interested.Hope this helps! 

I’ve worked with my GC on several deals and he has approached me about wanting to work together.