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Updated almost 7 years ago,
LLC and Insurance question
Hello everyone !
I sent in the paperwork to form my LLC. My question is regarding the insurance on the property. What type of insurance are you putting on your (in my case) Two Family -do I need an umbrella policy ? I do have a good amount of personal assets I need to make sure I am protected
Also, sneaking in a second question. My first deal is by mean of convential financing (20% down) I have read that a bank may flown upon having the loan in the name of the LLC even with a PG -thanks