Typically, you can purchase an umbrella policy for as little as $300-600 annually that offers a million dollars of liability coverage.

Losing insurance coverage could very well be deemed "unreasonable" by a Fair Housing hearing officer.

This typically voids the coverage and the claim is then "conveniently" denied.Check out what the nonprofit, Consumers Reports has to say about them:https://www.consumerreports.org/buying-a-home/what-to-know-a...

KW Specialty6.Delos InsuranceAnd a few other smaller onesI recommended my Farmers contact mainly because she is also a broker and can check for other coverage.

The $700 home warranty (1 yearr) comes with a sewerage coverage.

building multifamily is one of the lowest risk strategies out there. single fam has no economies of scale and in columbus right now I would argue that the cost of a garage is greater than the value you even get for an appraiser. so a 400 sq ft garage if that was heated space is worth 5x to 6x. because of that, we build multifamily more because of the economies of scale as well as density, increased rent coverage, etc etc 

I am seeing more inspections, less coverage, and more denials.

If you have any questions, please feel free to send me a private message.With solid financials, a Debt Service Coverage Ratio (DSCR) program sounds like a great fit*

While I am not familiar with the CT market, the lender should have a list of real estate agents which provide gap coverage.

The last deal in which we utilized this method was back in Jan of 2024 (this year).Purchase Price: $700,000- 80% non-recourse loan coverage @ a 4.5 % interest rate fixed for 30 years - 20% transactional lending partner {usually 1.75-2% regardless of market conditions}.