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Updated over 6 years ago,

User Stats

5
Posts
0
Votes
Tim Yusubov
  • Rental Property Investor
  • Baltimore, MD
0
Votes |
5
Posts

How to insure shortsale deal with a tenant?

Tim Yusubov
  • Rental Property Investor
  • Baltimore, MD
Posted

I am considering to buy a shortsale in Baltimore from a wholesaler where he will close as A to B and then my deal with him will be B to C. Problem is that there is a relative of the former owner who lived there with the owner before they passed away. I am converting the property into a rental and I can not keep them as renters. What type of insurance do I need to get as I will need to evict the person first and then do some rehab to make it a rental?

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