What sort of insurance would they need?

Maybe it is, maybe it is not but I think you have your counter-party ideas sort of backwards.It's safe to say I have sold a loan or two and chatted with both new and experienced note buyers.

Even worse, it seems ALL of the stars in these shows are now selling a course or training of some sort.

If I am not mistaken he has experience with this sort of situation.4.

When there is a vacancy of any sort, it's not good for anyone.This new technology makes it easy to eliminate these vacancies.Enforcing the zoning laws will not eliminate illegal short term rentals (STRs).  

In comes the private hard money lenders to the rescue (sort of).

First you need to find out the ARV of the property to determine if it is even worth a flip.What sort of area is it?

This worked and the lender and title company proceeded with closing the refinance transaction (now my wife thinks I am some sort of expert, ha ha ha).

I've got a deal on my radar, but don't know if I can swing it without some sort of seller financing...and even then, I'm not sure I have the concept down 100%.To make the numbers easier, I've rounded everything off, but these are close to what I'm assuming right now:Asking Price $400kExisting loan $288kAssuming that the $400k is a reasonable price:If I were to try and get a bank loan for that amount, I would be required to put down 20% or $80k (which I don't have).If I get SF, I would get a bank loan for the $288k which is less than the 80% LTV, and the seller would hold $112k.

I’ve seen duplexes lower than $200,000 that are “homepath” – might be best to seek out a local agent who is familiar with this stuff.The only issues with these deals is regulations (which are good and bad), you will need the money, cash reserve of some sort as well as tax returns, etc. to qualify.I purchased the home next to me on an owner contract for a very good deal as it wasn’t for sale and controlled by a family trust that just needed some creative problem solving to get rid of it.