Either way you want the ability to raise it again in the spring.Check your state codes first to insure you can offer a short term incentive.

Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Current Mortage/Taxes/Insurance: $1,100/moCurrent Rent: $1,200/mo each side ($2,400 gross/mo)Cashflow: $600/moWe have spoken with two credit unions (and will look into more) and here is what the numbers look like.Lender 1: Will lend 70% LTVClosing Costs (Not including an appraisal): $6,900Interest Rate: 5.75%New Mortgage/Taxes/Insurance: Roughly $1,450Cash Out Refi would be roughly $28,600New Cashflow: Roughly $250/moMoney into deal after refi: $31,400Lender 2: Will lend 75% LTVClosing Costs (Not including an appraisal): $7,000Interest Rate: 6.25%New Mortgage/Taxes/Insurance: Roughly $1,600Cash Out Refi would be roughly: $41,700New Cashflow: Roughly $100/moMoney into deal after refi: $18,250We don't necessarily need the refi money to do another deal or two this year but it would obviously help although it would decrease (I think) the amount of money lenders would be willing to give.Does it make sense to refi even though we won't get close to all of our money out of that first deal, have a much higher interest rate and decrease cashflow by over 50% or would it make sense to keep our money in that deal with the much better rate and not refinance?

Most want a simple "cosmetic" rehab that can be finished in 90 days.Regardless, I always advise any VA loan buyer to write an offer such that Seller pays 4% of sale price back to Buyer to pay all possible closing costs and pre-paid items ( like the first years worth of home owner insurance, etc.).

-Insurance (flood/general etc...)Same questions for the rest:Plainfield, IndianaBrownsburg, IndianaBloomington, IndianaMandeville, LouisianaHernando, MississippiSouthaven, MississippiO'Fallon, MissouriKansas City, MissouriPapillion, NebraskaAlbuquerque, New MexicoRio Rancho, New MexicoMatthews, North CarolinaGastonia, North CarolinaHendersonville, TennesseeGastonia, TennesseePearland, TexasMcAllen, TexasMcKinney, TexasRockwall, TexasPlano, TexasRoanoke, VirginiaAll help appreciated,V/rJesse

I have an awesome team of realtors, insurance broker and title companies.

If not then make sure your insurance company is fully aware and will cover the liability.

It is far away enough though that neither my insurance nor the previous owner's insurance required flood insurance.

Also throw in, e&o insurance does not cover you when you are a principal to the transaction.

I am 43, have been a life insurance broker since 1997 and used to invest in single family homes.

Hi guys, I am about to renew my insurance policy for the 11 unit apartment complex that I own and wanted to check with anyone that can recommend a an insurance agent that specializes in these types of properties.My property is located in El Paso, Texas.Thanks in advance!