In a high-interest rate scenario, properties that are well-managed and offer added value to tenants tend to retain their attractiveness and profitability.Strategy #4: Explore Diverse Real Estate SegmentsDiversification within real estate investment can mitigate risks associated with interest rate changes.

I get better deal with more work required  I totally get how the more renovation the better the deal if it appraises well but for me this will be my very first house hack investment property and the guidance I have gotten is that I should be looking for something pretty turnkey starting out and then explore a BRRR on future deals after the first one.

What are your other options for liquidity ?  

In light of these circumstances, I'm seeking advice on the best financing options to address this costly project if insurance coverage falls short.

@Jacob StraussenTerm is essentially a commodity biggest difference you will see is if you want to have options to convert to perm that's when you would want to do more research and really get carrier specific.  

There are so many free and paid options available, so I would take some time to do some research and pick the one that fits your business best.

Thanks Dave, if any of those were an option Id have done itThis was a miscalculation on my part though which has left me in a last minute crunch.

Please input into your spreadsheets and send me your rates.Interest only options as well if possible.

I then countered with a couple of options.

We discuss how this scenario could lead to a shift in property ownership, the potential for market corrections, and the implications for those seeking refinancing options.