Updated over 9 years ago on . Most recent reply
Insurance for Flip
I recently got my first house under contract, and expect to close in 8 days. I need to get Insurance, but don't really know where to start. The Seller will live in the home for about 7 days after closing, then I will be rehabbing for 3-4 weeks, then listing the property with a realtor. Does anyone have insurance recommendations for the San Antonio Texas area? Anything specific I need to be asking or covering?
2338 sf two story home in Converse, TX built in 2006. It will have a new roof, new windows and new garage door from an insurance claim when I take possession.
ARV: $165,000
Purchase: $101,000
Rehab Cost: $18,000