Typically, you can purchase an umbrella policy for as little as $300-600 annually that offers a million dollars of liability coverage.

Purchase was $134k and it has fully depreciated after 27.5 years.Second unit is a $350k listing with a $45k mortgage remaining.

Seller Financing: In some cases, the seller of the property may be willing to finance the purchase themselves.

Why not buy it with private money, borrow enough for the purchase/repairs/carrying costs, and then refinance once the repairs are done?

Why do you think purchase contracts are so long and have such small print?

Mostly hype and VERY little substance, I was quite disappointed to find their rates and terms are a lot worse than what I already accomplish as a money broker. 

I've been getting a lot of first time investors asking if there are any programs in Texas to help with downpayment for home purchase.

I obviously would want to have control over the property and maybe a pre-determined purchase price?

I just helped a client purchase a duplex for $330k in a B class neighbourhood that will rent for around $2800 and cashflow around $500/month with some conservative estimates for maintenance.

Can you purchase a property with a Hard Money loan and then refinance into a different type of loan to have a lower interest rate?