Insurance.....Help!!! Closing in 2 days

[Kevin Martin]

I am buying an investment property with a loan. House will be vacant until I get it rented...only needs a good cleaning, paint, and some minor things. My insurance agent will issue me a month to month vacant policy until I get it rented then I can get a traditional landlords policy. My lender emails me tonight and is requiring a 12 month policy or else they wont fund....oh and I am suppose to close it 2 days and have already had a few extensions. Seller is probably going to walk with my deposit if I dont make this happen....What is my best option here? Builder risk? Any help would be much appreciated! Thanks in advance BP members!