Updated over 16 years ago on . Most recent reply
Buying Sub2 - what about homeowner's insurance?
As far as I know, you're required to carry homeowners insurance when you have a personal residence.
If I, as an investor, acquire a property subject to owner's existing financing, what about their homeowner's insurance? If something happens, would they really cover something that happened to "homeowner's investor's tenant"?
How do you go about properly handling insurance in sub2s?