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Updated over 6 years ago on . Most recent reply

Sam Hickey's profile image
Sam Hickey's profile image
Sam Hickey
  • Flipper/Rehabber
  • from Joplin Missouri
  • Member since Aug 30, 2018
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User Stats

18
Posts
8
Votes
Sam Hickey's profile image
Sam Hickey's profile image
Sam Hickey
  • Flipper/Rehabber
  • from Joplin Missouri
  • Member since Aug 30, 2018
Connect
Sam Hickey
  • Flipper/Rehabber
  • Joplin Missouri
8
Votes |
18
Posts
Rehabbing & House Flipping

insurance on/during a house flip...

Sam Hickey
  • Flipper/Rehabber
  • Joplin Missouri
Posted

Hello,

My insurance agent offers me the option to insure a flip house for the estimated investment including repair costs or...  the estimated value after repairs.

purchase house for 30k rehab for 10k

post rehab value is 65k

its a small flip but should be short and sweet..  should i insure for 65k at 900 annual or 40 for 600 annual?

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