Even if you take it on yourself you then have one, and forbid you should get hurt have some coverage.

I don't know what the city will allow for coverage, but a lot of other houses have been replaced with multiplex apartments for the college kids.  

Is it possible for an investor to get property coverage without that coverage reflecting off my personal credit report?

Same goes for any pre-arranged deed in lieu of foreclosure, always better to just follow the laws and do what is customary.....that being, now, a Note and Deed of Trust.A CFD will also have insurance issues, assignments of losses must be made, can have double coverage, where the owner may need to act in the event of a loss.

Greetings, and Happy Holidays to you all!I'm highly considering a property, selling for $350k, 100% occupied, $3k/month, i.e., 36k per year. Mortgage 2k/month.This is my first property, so I'm being lead by a guru (wh...

BTW this would not be a primary profession, just a supplemental one.

Keep a high level of liability coverage, that picks up anything that can be claimed against you, win or lose.

They wanted the property to have a DSCS (debt service coverage ratio, which is NOI / P&I) of at least 1.2 and would go up to about 50% on your personal DTI.  

I thought I could supplement my pension with either cash savings or cashflow from rental properties.So, to answer your question I would need to know what cashflow I would need to supplement my pension.  

At one property the oil costs were $4,700 a year, and after the gas conversion were $1,500 a year.Insurance coverage & deductibles:  By tweaking the coverage and deductibles you can potentially lower the insurance premiums.