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All Forum Posts by: Brock Steger

Brock Steger has started 2 posts and replied 3 times.

Post: Insurance with LLC as Named Insured

Brock StegerPosted
  • Investor
  • Charlotte, NC
  • Posts 3
  • Votes 0

Does anyone know of an insurance company who will provide coverage on a 4 unit property, with an LLC as the named insured? I've found insurance companies who will do either 4 unit properties or LLC as the named insured, but haven't found one that will do both. This can't be an unusual situation to be in, how are small multi-family investors insuring their properties?

Post: HELOC in 3rd Lien Position

Brock StegerPosted
  • Investor
  • Charlotte, NC
  • Posts 3
  • Votes 0

Does anyone know of a lender who will provide a HELOC on a primary residence in the 3rd lien position? The second lien is from some downpayment assistance, and it will be forgiven in about 8 months so I'm not interested in paying it off. However I've also confirmed they will not subordinate their position.

Post: South Carolina Investors

Brock StegerPosted
  • Investor
  • Charlotte, NC
  • Posts 3
  • Votes 0

I'm interested in investing in rental properties around Columbia as well, I'd love to connect with fellow investors and/or agents with experience working with investors.