Looking for some advice from anyone who has dealt with force-placed insurance during a refinance. I’m currently refinancing a mobile home park and found out a couple weeks ago that the lender force-placed an $8,000 insurance policy on a small, roughly 500-square-foot stick-built home located within the park. We did not separately insure the home when we purchased the park, and the lender did not require us to provide coverage on it at closing. Now, as part of the refinance, the $8,000 force-placed premium is showing up as part of the payoff. I’m working on getting replacement coverage in place, but I’m running into issues because the home has technically had a lapse in coverage, so getting something bound quickly has been more difficult than expected. Has anyone dealt with something similar? More specifically, are there any options for getting the force-placed premium removed, reduced, prorated, or otherwise avoiding having the full $8,000 included in the refinance payoff once I can provide replacement coverage? Any ideas, carrier recommendations, or experience negotiating this with the existing lender would be appreciated.

For people owning parks with POH, are you insuring the POH individually or typically just getting GL insurance on the park?

Hey everyone! Hope you’re well! If anyone is buying mobile homes in Aiken, SC and willing to move the homes, please reach out we have a 2015 single-wide and a 2022 Double-wide available! Thanks!

I’m ready to take my MH investing to the next level; from wholesaling and fix &flips, to owning a park. Anyone who can speak to the premium MHP Pros mastermind, would you say it’s beginner friendly? I have no clue where to start in terms of acquiring a park.

Hey everyone, I know this is a long shot, but I’m looking to build a relationship with a Private Money Lender (individual, not a PML/HML company) that lend on Mobile Homes. I frequently receive Seller Leads organically from Google looking to Sell their Mobile Homes with or without Land. Although, I have a pretty solid list of PML lenders for SFH/MFH, none of them currently lend on mobile homes, which I can understand. If, by chance, anyone lends on Mobile Homes please send me a DM and I’ll send along a deal that just came across my desk. Thanks in advance for any help anyone can provide.