Updated over 3 years ago on . Most recent reply
Southern Maryland Flip
Thank you for your time in reviewing my post/question. We recently purchased a property that we intend to fix and flip. The question I am a little unsure of is the insurance. The General Contractor has provided us with his insurance and it is enough to cover the property in the event something is his fault. I have also called insurance companies like State Farm, etc and most have indicated that will not carry a property that is being renovated (which was a surprise to me). With that, I am looking for suggestions on the right way to do this. This was a cash purchase so obviously, I need to cover the investment during the three months we expect the Reno to take. Thanks again!