Updated almost 3 years ago on . Most recent reply
Litigation when there is no lien on your property
I am buying a commercial building with two existing tenants with cash. My accountant advise me to finance it. His reasoning is attorneys like to go after the building if you own it outright in a litigation case. Building is 2.6M. What do you guys think? If I don’t finance it, are there special umbrella insurance that minimize the risk? Thanks in advance for your help.