I purchased a 2 level home 4 bed 3 bath so it has 3 bed 2 bath upstairs an 1 bed 1 bath downstairs it also has a like a rec room downstairs I am thinking about putting a kitchen in the rec room an renting out the downstairs my mortgage is 2900 I paid 500,000 for the home its estimated to be worth 710,000 on redfin I'm trying to cover some of my mortgage by renting out downstairs my question is if I had that kitchen downstairs can I do a cashout refi to get my money out of the deal its going to cost me about 13000 to do it plus make a door downstairs because there isnt a entry way downstairs also I wanted to put a washer and dryer upstairs because they have one downstairs so it would be like a 1 bedroom apartment all in at about 17000 can I consider this the brrrr strategy an refi after it's done an get my money back out to reinvest in another deal?

We will build an 8 unit complex with covered parking and potentially a value add by building a side building with coin operated washer and dryer accompanied by a vending machine that's loaded with materials related to washing/drying clothes.

Hello,I just closed on a multi family property and the old owners told me they would not supply any appliances.They let the tenants know that the existing oven, refrigerator and washer were able to be used by the tenant, but would not be serviced or replaced.Is this a common practice?

Google is going ahead and building it's campus in San Jose, even as many thought remote work was here to stay.

I was her first client lol.

But I have them in mind as back ups for things that I can pay off in full like a washer & dryer, fridge,,stuff that might not cost more than $2k.

Hey All, I have a value add opportunity here to get a coin op or app pay based washer and dryer into a multi-family I'm looking at buying.

He was a licensed journeyman not master and was at the house about 2 hours and at first said it was her fridge causing the issue then later said it wasn't and  needed to go back and "troubleshoot" some more.

The fully-finished basement provides lots more living space with a family room, two additional bedrooms, and the second full bathroom - complete with washer/dryer.

The joke was on him though I was almost broke and just made out my credit cards to pay for a new washer and dryer I had to replace due to his negligence.I can’t say I have not become slightly emotional on a collection call from time to time when I see new cars, new furniture, satellite TV, and no rent payments but… I’m not a perfect person.Alas, in the end RE has been good to me and I’m not about to break my moral code because someone else has no moral code.