Hello,My umbrella policy was increased to over 1000 bucks for the year for 10 rentals for a 1M policy coverage.

My thought in that scenario is that we could purchase an investment property to "househack" and/or LTR/STR and start accruing cash flow to supplement our income. 

Debt service coverageSo, someone who has a conforming property; with a 750 or above credit score; with a 1.2 or better debt service coverage; which is dependent on the fair rental value; will get maximum allowable LTV under the lenders guidelines.  

The other important thing to analyze when looking at various investing opportunities is the Debt Service Coverage Ratio (DSCR).

Look into Debt Service Coverage Ratio l(DSCR) lenders.  

Sure you could get non QM (qualified mortgage) or DSCR (debt service coverage ratio) loans or cashflow loans (all the same thing under different monikers.

I am planning to rebuild and hoping insurance will cover most of the costs, but I might see if I can supplement that payout with some of my own funds to build something nicer than what I had before.

Good Afternoon BP,
I'm not a complete newbie but I am with owning multiple properties at the same time. I'm having major issues with Allstate. We have multiple SFH's, a duplex, and 2 more SFH under contract. E...

Antwon,Off the top of my head, you will need:- contents coverage- Business interruption (include the utilities coverage as well)- Liability- Fire Damage Legal liability (also called by various names like Tenant Liability)- Professional Liability (possibly)- Workers Comp.

See if your water company offers the same coverage.