Safer too as you have skin in the game.

Assuming your health is as good as when you originally started the term policy you should be fine from an insurability stand point but cost of insurance and rates will be determined at your current age and on.I believe the premiums will be higher when you transition to universal or whole but that you'll have to check with a life producer/agent for.If you paid just the min on the term policy as if it was a universal life policy you would probably have no cash value if any it would be very little because, term is just paying the cost of life (insurance portion itself) and its not including any savings component.

And the deal is yours.I work with 4 different cash investors that give me all the cash or about $85,000 in this cash, which includes the repair cost.Presently I have 14 going, like you said I will make 20k on some or as much as 100k :) People on the site will talk about "skin in the game" your contract to purchase and invitation to them to make a huge return on there money is your skin in the game.  

I would imagine it would be easier to get a hard money loan when I have "skin" in the game.I'd like to get any and all thoughts.Thanks in advance!

Many of the experienced investors on BP consider that a very healthy investment.

If anyone knows of a lender that will lend on investment properties in Maryland without any skin in the game, please let me know.

You will have more opportunities if you have skin in the game 2.

@Wil Andrew, there's usually more than one way to skin a cat- what would you like the cash out for?  

I offered 285k and the seller accepted, luckily, as I had about 2k of skin in the game at this point.Fast forward 4 years later and I'm ready to sell this property.

I would suggest hard money lending but you will need some skin in the game these days with most HML.