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Updated about 9 years ago on . Most recent reply
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Investor Friendly Property Insurance Companies in Pittsburgh
Hello, as a wholesaler I am curious as to what company(s) others are locally utilizing to work with in relation to having property insurance. Thanks!
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@Russell Brazil There are quite a few insurance companies that are difficult to work with in the investment real estate space. Some, like State Farm, like their properties to be in good condition before they'll issue a policy. For us, that just isn't practical.
@Nicodemus Pikras I am curious as to why you are concerned about insurance in the first place if your business is wholesaling. If you are never taking title to the property you don't need insurance. Your sales agreement should have a clause that states that the owner/seller is to keep their policy in effect until close of escrow.