Hello!
- Who pays for insurance when structuring a L/O?
- Do i just have my Leasee get his own>??
Thank You!!
Hello!
Thank You!!
The owner, YOU, are the one with the insurable interest, along with your lender.
You buy a landlord’s policy, not a homeowners policy.
What Gerald said. And don’t forget to tell your tenant/buyer to get renters (content) insurance for their belongings.