I am in the process of buying a home and there will be 3 people on the deed including me that will be occupying the home.Does anyone know which home owner's insurance company will cover us with 3 people on the deed?

Our original plan was to use that paid off property and refinance it to buy 1 or 2 rental properties, fix them up, refinance pay off the original loan and tenants pay mortage, insurance and it will cash flow and do it again and again.  

Title insurers have essentially been forced to remove the survey exception from lender's policies so this generally only affects owners policies... but like I said, once a lender is aware of a title issue they want it resolved or insured over before closing.I would never purchase a property without either (1) a new survey or (2) a fairly recent prior survey + a survey affidavit.

Well because I could not commit to acquiring my first property with the remaining time in the year, I’ve committed to analyzing 2 deals a day to post on the forums here.It will allow me to gain knowledge and advice from experienced investors and also give other investors like myself (or soon to be investors I guess) an opportunity to contribute as well.Even if they haven’t done any deals, they may know how to avoid common mistakes while analyzing that they’ve learned since they’ve started on their path to REI.I know it may not be much, but I’m really hoping that others in my position feel inspired to contribute more than the normal “Hi I’m a new investor looking to learn from everyone here on the site” and those more experienced are still willing to share their experiences.Thanks everyone.With that being said:Property #12-unit Property in Queens, NYEach unit is a 2br/1baAnticipated gross rents: $3.8k/moOperating expenses (per month):- Vacancy: $190- Repairs/Maintenance: $35- Taxes: $300- Insurance: $133.33- Property Management: $190 (did this at 5% of gross rents because I can manage the property myself but I’d like to set aside a portion in case it makes sense to transition to management).

At this moment I feel like I tip my toes in the koolaid and now I want the dive all the way in. Sure

If in theory this project is brand new with separate meters, intact plumbing, electrical boxes etc. still only 2 unit building, should the process be straight forward?

I am in the market for a new insurance agency that insures "vacant homes" for flips.

When you die, the remaining value of the trust passes to your charitable beneficiary.Since the downside of this is that your heirs don't benefit from inheriting those properties, many people create a separate irrevocable life insurance trust (ILIT) to hold a life insurance policy purchased to benefit your heirs for the same value as the properties in the FLIP trust.

We make money on Insurance & we make money when you sell.Why aren't they just keeping these awesome deals for themselves?

The owner will have an idea of what their terms are so be prepared Owner financing has a lot less costs than a bank  including  mortgage insurance ,lender fees etc