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Updated 1 day ago on . Most recent reply

Ari Bachrach's profile image
Ari Bachrach's profile image
Ari Bachrach
  • Rental Property Investor
  • from Silver Spring, MD
  • Member since Aug 7, 2017
  • Posts 81
  • Votes 58
  • Experience 8 Yrs
  • Investments 6
Connect

User Stats

81
Posts
58
Votes
Ari Bachrach's profile image
Ari Bachrach's profile image
Ari Bachrach
  • Rental Property Investor
  • from Silver Spring, MD
  • Member since Aug 7, 2017
  • Posts 81
  • Votes 58
  • Experience 8 Yrs
  • Investments 6
Connect
Ari Bachrach
  • Rental Property Investor
  • Silver Spring, MD
58
Votes |
81
Posts
Innovative Strategies

Sub 2 (or retitling) and insurance

Ari Bachrach
  • Rental Property Investor
  • Silver Spring, MD
Posted

This has happened to me twice now, and I'm curious how others have dealt with it. I have a property that I retitled into the name of an LLC. The bank doesn't notice the change itself, but they do notice that the name on the insurance policy has changed and they send me a letter demanding I explain why. Sub 2 people must have this problem too - how do you deal with it?

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