Insuring a Flip in NJ

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How or what type of insurance do you get for a Fix & flip?

[Mateusz Prawdzik]

@Patrick Martone The only time that you don't NEED insurance is if you are buying the property with YOUR OWN cash... other than that, you ALWAYS need insurance... no lender will let you close unless they see a proof of insurance 24 hours before closing. To answer your question about which insurance you should get... regardless if you or someone else is doing the work, if the property isn't purchased with your own cash... then you will need Liability + Builders Risk. 

If you have anymore questions, please connect with me and reach out. i would be glad to assist you further with anything you might have to ask. I am always here.