What are y’all doing for insurance coverage solutions?

Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.

@Gary Abrams A cloud based solution would work really well in your scenario of having other family logging in and helping with management. 

Seriously, all I can tell you is this:Showing you screenshots, and a ton of leads from my website is a direct indication of the effectiveness of what I am telling you. 

When so many renters stopped paying rent during COVID, companies like SureVestor stopped taking new accounts because they were facing a significant number of claimes.I personally don't see it as a good solution.

One solution I see some people do is to partner with another investor on a couple of deals where each brings something to the table...more capital, experience, etc.

It’s a great way to maximize rental income while offering a unique solution to tenants.- Value-Add Investments: Beyond cosmetic upgrades, think about adding amenities like solar panels, EV charging stations, or smart home tech.

If it is a direct lender you are able to work to find more favorable terms because they usually determine their terms on a deal by deal basis. 

There was an article published in Sept 2024 that showed the average consumer would save over $10,000 by working with a broker vs a direct lender over the life of their loan. 

@Jonathan Chan I have a solution for your problem.