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Updated almost 6 years ago,

Nelson Del Castillo's profile image
Nelson Del Castillo's profile image
Nelson Del Castillo
  • Investor
  • from trumbull, CT
  • Member since Dec 15, 2015
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117
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44
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Nelson Del Castillo's profile image
Nelson Del Castillo's profile image
Nelson Del Castillo
  • Investor
  • from trumbull, CT
  • Member since Dec 15, 2015
Connect
Nelson Del Castillo
  • Investor
  • trumbull, CT
44
Votes |
117
Posts
Rehabbing & House Flipping

Buying REO with insurble tittle to flip with hard money

Nelson Del Castillo
  • Investor
  • trumbull, CT
Posted

Hi, I’m under contract to buy a reo to flip using hard money. My attorney just notified me that the contracts states that they will only convey insurable tittle. Is this common, would I be taking any risk doing this? I have 5k down and contingencies expire today. Would you recommend doing a tittle search before letting contingencies expire?

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