Unfortunately, factors like a hardening property market, inflation, labor shortages, increased building costs, and an increase in claims frequency and severity have caused our carriers to require increases to both rates and coverage amount minimums to keep up with these market conditions.

For example, a $1 million policy could have an initial commission of $50,000 to $100,000, significantly impacting the policy's cash value in the early years.Limited Access to Capital: Accessing the cash value requires taking out a policy loan, which accrues interest, typically at a rate of 5-8%.

Or looking to hire a basic book keeper. 

Hello everyone,I found a fix-and-flip deal where all the numbers look good except for the fact that I don't qualify for the loan due to not meeting liquidity requirements.

One last question would the inspection clause require me to inspect the property myself to terminate the contract in the case I can’t find a cash buyer?

For turnkey options it can also be a good idea to get ahead of the historical summer peak buyer push and not have to worry about getting a rental launched while most visitors are looking to stay for the night.For properties that require furnishing, the beginning of Spring is the optimal time for out of area or absentee investors to enjoy their property, familiarize themselves with their new home and their community and get operations and supplies dialed in. 

Foe investors who like to purchase land, is every lender requiring it to be financed on a 15 year mortgage instead of a 30 year?

The ordinance requires 90 days or more to not fall within their short term rental ban.

The basic rule for the amount of cash to have at hand is 3 months of ALL expenses as if the rental was unoccupied and you had to pay all the utilities on top of the full Primary mortgage, Interest, Taxes, and Insurance (PITI).As well, it's pays to have a bit more because life happens.Good Luck!

Yes I have an agent who listed it on MLS but there is basically no leads from her..