Do you need to purchase insurance for flips?
I hired an attorney for a house I'm flipping and he asked me if I have insurance for the property. This caught me by surprise, being a first time flipper I wasn't aware I needed any sort of insurance for a property I only intended on holding for 3 to 6 months through my LLC. Can anyone shed any light on this and what insurance if any you've purchased when flipping houses.
Thanks,
E.
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Real Estate Agent New York (#10401343417)
- GDMH REALTY
- 845-204-7817
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