John Giggy
Can you get a loan on a property with a CLTA policy?
Hi.
I have an investor client interested in purchasing a metes and bounds property with a duplex built in 1952. Chicago Title is telling me they can only issue a CLTA. My client is purchasing the property with cash. ...
Jason Davis
Insurance questions regarding a shop
Hi,I have a shop on the same property as my house located in town in a residential area. The shop has three units, all under one utility bill. No water, no sewer. Just heat and electricity that I pay. I want to rent o...
Stoney Pitzer
Using whole life dividend paying life insurance arbitrage
Looking back I see this topic was discussed about 10 years ago.
Recently it has come up in some podcast I have listen to. I'm curious if anyone has truly vetted these policies. The idea of creating a investment arbit...
Christine Callaghan
Finding insurance for a Trust or LLC
Hi everyone,I'm working toward setting up my Nashville and Florida properties in either a Trust or LLC's or maybe a blend of both. However, I'm finding it challenging with my current insurance companies to find adequa...
Jason Crowe
Life Insurance Company or Similiar who will finance deals?
Has anyone found a company as such that would lender on renovation projects? Or long term money for real estate deals? Ive read about this but have to found one. Is this true direct to them will finance deals and o...
Daniel Francoeur
Do we need two insurance policies? 2 buildings on 1 lot
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...
Rehaan Khan
Do Flippers need to get home insurance on their projects?
Do flippers need to get home insurance on their projects? Typically projects that are bought, flipped and sold within around 4 months from scratch to end.
Munim Jalil
Looking for advice on how to structure insurance to protect asset
Hi BP,
We currently have 3-multi family investment properties in NYC. Each property currently has their own homeowner’s policy + a umbrella policy with a $5M liability coverage. Based on my research, when your proper...
Delin W.
Buying without Title Insurance... kind of
I am purchasing a condo in a complex where I already own one. The seller is losing money on the deal and is not willing to pay for anything, including the $2,000 "Owner's Policy" from the title company. This is gen...
Randall Re II
Why insurance may not payout
There could be a variety of reasons why an insurance company might not want to pay out on a claim. Here are a few potential explanations:
The policy holder may not have followed the terms of the policy, such as faili...