OR, when your "gut" (or any other body part) is telling you to do something else... just do that, don't bother modifying the tree...  

They will collect the insurance premium each month in your monthly mortgage payment…As far as an “umbrella policy” that is something in addition to your regular homeowners policy (it does not replace those policies).

I am an example of what “Not To Do”… I don’t have regular rentals… only lease option buyers…When I sell on lease option, my goal is to NOT take the property back.

I have to answer your question in a slightly different way, as in the case of Triple Net leases different rules apply.The best financing (CTL financing) is available if you have an Investment Grade Tenant such as Walgreens and a remaining lease term of at least 10 years plus.CTL financing is negotiable at 100% plus, but you need to know the "language" and the rules of the game.There is no school where you can learn the game, and the insiders typically do not share their knowledge.So CTL financing is determined by the creditworthiness of the tenant and the strength of the lease; not by the appraised value of the building.With Non-Investment grade tenants you (only) have access to regular sources of financing, and the normal rules apply.Hope this helps.Louis Bergman

Ryan - The White House banned the media from showing the caskets of American dead because people don't like to see dead bodies in war.

Thanks for the perspective.As for developing: 1) Make sure your money is solid (you don't want to run out midstream or if a delay occurs...and something always delays you)2) Get to know your local governing body (County Commissioners, Building Dept., etc)3) Don't overpay for the land.

A followup thought...All of the topics discussed on these forums are regulated by one government body or another.

I do work with these banks on a very regular basis and they all offer a nice program, but I sell off frame modular homes, so again I am not sure of your circumstances.

Many others I have dealt with were flakes… I hired them for “regular” service, and they would not show up, or were constantly changing the days around…“Ok” service is easy to find… There are a ton of companies out there.

You can use a “letter of intent” rather than the regular MLS offer forms for “testing the waters”… You can fax them directly to the listing agent… And when they reply, they can reply back to your Realtor.