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Updated over 8 years ago on . Most recent reply

User Stats

9
Posts
2
Votes
Dustin Battas
  • Glen Carbon, IL
2
Votes |
9
Posts

Insurance Advice Needed

Dustin Battas
  • Glen Carbon, IL
Posted

I currently have my first flip under contract. We are financing the purchase through a local bank. Obviously, they want proof of home owners insurance before we close. I called my personal real estate agent and they are unlikely going to be able to underwrite the house as its current condition is "below average." He said they really tend to stay away from flip type homes. Do any flippers have advice on how to obtain insurance on the home for a few months while we rehab it? Suggestions of companies etc? Thanks!

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