The profit was used to buy a higher quality SFH in the same area.

My first property was paid off making me only $1000/month profit.

My father is a certified contractor in NJ—he’s built one home, flipped four, and consistently handles upgrades and maintenance for me and his other clients.I’d appreciate any tips or stories from those who’ve turned equity into a profitable venture.

Then you 2 would agree on how you would split the profits once the property is generating cash flow and the original equity is returned.

Petersburg area, resulting in highly–profitable investments.If you need professional and courteous property management experts for your multifamily, single family, condominiums or town home, you've found the right company!

I've Had 1 rental that I sold for a good profit recently.

If your investment is still profitable with the increase, then press ahead.

I assume because the profit wasn’t that good and hard to get loans.

One you have furniture right there ready to go but if you want to make some kind of major design change, then just let it go and get to work on the new look.

But if you get a major expense you could then potentially have a decent amount of debt.