I have a force placed insurance policy now in place to cover.This sale closed in early Feb 2024.

I'm looking to get an umbrella insurance policy.

What about HO6 condo insurance?

Also, it may be smart to consider the differences in the rental rate if you were to decide to shift strategies to an STR or LTR one day. 

I would say it is a similar premise to house hacking in other areas.What is your strategy?

Also with the Belgian banks, is there the possibility to do the cash-out refi of the BRRRR strategy?

Although IDK how DSCR lenders would perceive this strategy, but it does align more closely with long-term rentals and several still do STR properties.

I’m aware of of the strategy subject two although I haven’t actually done a sub two deal .

30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!  

However, your spouse could potentially qualify if they manage your properties or undertakes substantial renovation projects, allowing for more aggressive tax strategies such as accelerating depreciation.Another way to get passive losses is through Cost Segregation.