@Jared Lichtin I'm not personally using any banks anytime soon.

insurance is not just to protect your property. insurance is also to protect your personal liability. if a tenant or visitor hurts themselves on your property they will sue you and could potentially take everything you personally own. even if you place your property in an LLC, they can still potentially go after your personal assets. with all the risks, there is no reason not to have insurance.

His broker has instructed him to write our Agreement of Sale under me and my husband's personal names rather than our LLC as I expected.  

So for people who are in this higher income situation it would be better for them to take LPMI (lender paid MI) which is in essence a bit of a higher rate in order to not pay monthly MI because this particular person could write off the extra interest and typically pay less than what monthly MI would "have," been in lieu of the LPMI option.For smart investors who buy undermarket value and fix up, it may be best to .....

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I currently have 10 mortgages under my personal name and have reached my limit with fannie/freddie.  

Hi all - our personal home got completely flooded in Hurricane Harvey.  

Gas up all vehicles. 2 bins of food, gatorade, and water. 

@Harris L. since you are self employed you will need to verify business and personal tax returns

You could use hard money with in an LLC then when the house is finished you could personally buy it with a VA as long as you are going to live in it.