Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Insurance While Repairing Home for Flip?
I haven't flipped a home yet but am in the process of securing financing. Quick question though, what are the insurance requirements for a property that you buy that you're going to flip in 30-90 days? Do you use the same insurer that you have your primary residence with or are there others that cater to this industry? I'm in Texas, I'd love to hear from anyone with experience here. What is the best/cheapest option? Thanks!
Most Popular Reply
Wayne Brooks
#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
- 13,508
- Votes |
- 23,418
- Posts
Wayne Brooks#1 Foreclosures Contributor
#1 Foreclosures Contributor
- Real Estate Professional
- West Palm Beach, FL
You'll need a Builders Risk policy for flips, covers them while vacant.