Current tenants pay $600 and $550 and the mortgage would run $700 including taxes and insurance.

Perhaps I can borrow against my variable life insurance policy at a sub-10% rate. 

Hello,  A GC partner and I are working on a proforma to determine costs for a potential rehab project of a historic building and targeting 25 units in MA.Can someone help me understand what kind of insurance we need to purchase, how much it will likely cost, and recommend potential insurance companies to work with for this type of project?

Jerry Brown did us a huge favor and created statewide regulations to allow homeowners to add ADU's.

A condo would be a different story though.In any case, it seems like a great deal...have you accounted for maintenance, vacancy, property tax, insurance and management?

My insurance is 300/300 to conform to my umbrella policy so yours should be same or less.

My mortgage is 2,000 including insurance, taxes.

What I am asking is if anyone here has experience approaching a home owner in Tax Lien Default, ready to lose their homes to auction.

That includes (but not limited to) Mortgage payments, Taxes, Insurance, Utilities, HOA fees, etc. that occur during the Rehab phase and up until the property is fully rented.3. 

Adding in guesses for annual tax/insurance at 5k a piece and a 4% interest rate, the total monthly payment comes to around $2,450.