While I interned at a major insurance company during the summers of my undergraduate, I saw some of the most brilliant people chained to things completely below their ability.

I'm putting my first two properties in an LLC owned by the S-Corp, and I'm putting Landlord Liability insurance on both properties.If I could pile any more protection on top of those properties I would.

Has anyone ever used an Insurance Bond to get hard money and guarantee the payback from that?

If you can not get title insurance in the future you do not really have much of a deal.John Corey

I am a Commercial Agent who has very capable residential agents.Showing positive absorption on the commercial side (office/retail/industrial)Residential market is stable with a large number or foreclosure and bank owned properties.

Always good to have a domain expert.Second has to do with your focus.You have a profitable business model and a stable of investors you work with.

Depending on the location, taxes and insurance could make a huge difference in this deal.

Of course the agent is for it, for the same reason the insurance agent says whole life insurance is so good.Look at it this way, if the policy costs $300/year, ON AVERAGE the costs to the homeowner has to be less than $300/year.

I am a bonded insured company President of AmeriKote LLC (the one of the three in florida thats based in Hernando County, not the tampa one with BBB complaints.)We are your typical tub and countertop reglazer.

On a conventional loan no insurance and no taxes.It has been a long time since I dealt with anything but HELOCs and they have no closing costs.