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Updated over 2 years ago on . Most recent reply

User Stats

29
Posts
13
Votes
Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
13
Votes |
29
Posts

Southern Maryland Flip

Justin Walters
  • Rental Property Investor
  • Charlotte Hall, MD
Posted

Thank you for your time in reviewing my post/question.  We recently purchased a property that we intend to fix and flip.  The question I am a little unsure of is the insurance.  The General Contractor has provided us with his insurance and it is enough to cover the property in the event something is his fault.  I have also called insurance companies like State Farm, etc and most have indicated that will not carry a property that is being renovated (which was a surprise to me).  With that, I am looking for suggestions on the right way to do this.  This was a cash purchase so obviously, I need to cover the investment during the three months we expect the Reno to take.  Thanks again!

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