The bigger quetsion is what can you get for rent on this?

An umbrella insurance policy may get you guys the same result here as well. 

yesss you'll want to run the numbers on a few different scenarios: 1. doing a cash-out refi (new loan amount, new rate), 2. doing a HELOAN to tap into your equity... and actually, 3. selling the property and doing a 1031 into a bigger asset that will cashflow better. condos (when doing LTR) rarely cashflow much if anything. find an investor-friendly loan officer that can help you figure out which path is right for you!

Hello Bigger Pockets worldMy name is Joe Beilke and I am Firefighter, Realtor, and Newbie Investor.  

Hey everyone! I am happy to produce this new recording with Ashley Kehr and Tony Robinson on the Real Estate Rookie podcast! Huge thanks to the community for all the support as I am glad to give back!

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

Sasank Welcome to Bigger Pockets ! 

I enjoy helping bigger pockets members find loopholes and offer ideas.

Super helpful to poke around the Bigger Pockets channel. 

Hey Bigger Pockets Community,I'm very interested in learning about multi-family investing and accelerating my education.