Hi there,Looking for some insurance referrals in the Tampa, FL area.

The two of us can now share best practices, where to buy cheap materials, who has cheap insurance, mortgage lenders, contractors, community insights, strategies, even renters that we liked but decided to go with someone else.

There are lots of examples out there ... just Google it.If they want the property as real security, you will need to create a mortgage loan document which will get registered on title.

I am completely aware that a title company can run this information with my attorney at contract reviewing, but still I just want to know ahead of time so I can have a better idea of what my offer # should be. 

Property A - listed at $229k and in contract at $225k - solid deal with loan $169,000 and total down payment is $56k ($28k comes from each of our separate 1031 exchange fund)We are both in the loan and title for property A and B per QI instruction.Property B - listed at $275k - missed the opportunity - backup offer at $265k) (almost no chance to purchase it)What happens if we can not purchase property B?

Then having the new owner sign you over the title may just work.

I’ll finance all of the closing costs (doc fee, flood fee, mortgage recording fee, title opinion, abstract update for final title opinion). 

Another option is to go interest only from a private source at 7%, same 1M loan on the asset, highly flexible and no additional fees as we have already got the construction loan in place on title.Currently leaning toward the private option, it could,  based on flexibility, allow me to improve my balance sheet and down the road approaching other lenders to get more of a residential type product given the property has 3 titles, rather than pursuing a blanket type loan through the commercial office.Downsides of the private loan include the interest only payments don't allow me to amortize the building, and the rate is higher.  

Should I contact the insurance company?

If there are underground tanks or other potential environmental hazards, it gets passed onto an environmental hazard insurance company and they either insure it or they don't.