Found out theyreally don't cover that market, thus their policy was twice as high.Moved on to Ponderosa Insurance (not making an ad), because all theydo is storage.

I like this area because it's really set up for STRs and most local policies and regulations are favorable to rental owners.

As you can see from the 1000 other posts on here about whether or not you should put your property in an LLC posts.. an LLC is just one "layer" of protection but a good insurance policy and an commercial umbrella liability policy should do the trick.Hope that helps!

Pull out the title insurance policy we will need that as well.Most of the cash out ARV lenders are not going to get you to where you need.

You will certainly cash flow with the numbers you provided for insurance, tax, and rent even at a rate in the 8-10s (Over a 1.25x - this ratio based on revenue/PITI expenses).

Finance 340k At these interest rates, the PITI would roughly be in the 3000-3200 range which is conservatively what the rental market in this area can cover.

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

In my experience a claim that pays out less than $5k has very little if any effect on a homeowners policy.

Does anyone here finance their real estate investments through a loan against their Whole Life Insurance policy via a Trust?

Depending on your township's/HOA's policies on getting your permit my recommendation for when you should get your permit varies.