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Updated over 7 years ago on . Most recent reply

User Stats

8
Posts
3
Votes
Tiffany Miller
  • Philadelphia, PA
3
Votes |
8
Posts

Insurance for Rehab in PA

Tiffany Miller
  • Philadelphia, PA
Posted

Hi there, I will be closing on a duplex this month using a hard money lender for the purchase and rehab. The HML is requiring that I have at closing an insurance policy paid for one year, but I am having a hard time finding providers that will insure a place going from rehab (vacant) to occupied all in the same year. The rehab will be starting right away and is expected to take 2 months, then I am hoping to rent both units ASAP. The unit is located in Philadelphia. Any recommendations? Thanks!

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