General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
General Landlording & Rental Properties
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hemlane-a9392011949df124ea8ee63be2fb270c9423d6cd446ec67af23c96616e618606.png)
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
![Denzel Faulken's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2354743/1694635785-avatar-denzelf5.jpg?twic=v1/output=image/cover=128x128&v=2)
ADU burned down and was a total loss
So I have a question, I have a property that has a main dwelling and that has a carriage house (ADU) in the back it was my first property ever bought I was severely underinsured on the carriage house. Last month my neighbors garage caught fire and turned the the carriage house into a total loss. Now my lender are debating if I have to rebuild the structure completely with the insurance money. I thought if something was a total loss I could do something else what the funds at this point I was going to do a garage or a garage/loft. Has anyone dealt with a total loss before and had a mortgage on the property ? And if so what was your result?