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Updated about 9 years ago on . Most recent reply

Jordan Sutherland's profile image
Jordan Sutherland's profile image
Jordan Sutherland
  • Realtor
  • from Lubbock, TX
  • Member since May 11, 2016
  • Posts 84
  • Votes 116
  • Experience 10 Yrs
  • Investments 17

User Stats

84
Posts
116
Votes
Jordan Sutherland's profile image
Jordan Sutherland's profile image
Jordan Sutherland
  • Realtor
  • from Lubbock, TX
  • Member since May 11, 2016
  • Posts 84
  • Votes 116
  • Experience 10 Yrs
  • Investments 17
Jordan Sutherland
  • Realtor
  • Lubbock, TX
116
Votes |
84
Posts
Buying & Selling Real Estate

Cash Value vs Replacement Insurance

Jordan Sutherland
  • Realtor
  • Lubbock, TX
Posted

hey everyone, 

I'm purchasing my first investment property. It is a 2000 sq ft duplex I'm purchasing for $70000. I just got a $75,000 actual cash value insurance quote and a replacement insurance quote. The ACV is almost half the price, so it's what I'm leaning towards. is this a good decision?

  • Jordan Sutherland
0 Votes
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