Neighborhoods Set the ToneSan Diego’s neighborhoods each have their own vibe, and we’ve learned that tailoring renovations to match is essential.

A good lender should be able to piece together a strategy with you, whether that's cross collateralizing or not, underwrite each option with conservative numbers. 

Exit strategies are typically, refinance into a long term loan and hold or sell it for profit.Cheers!

Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

Make sure to communicate your BRRRR strategy with your insurance agent so they can recommend the right coverage for each phase.I learned this lesson the hard way: https://www.biggerpockets.com/forums/853/topics/1222933-my-b...

Provide them proof of your ability to find, fix, flip (or whatever strategy you plan to use), and then start with small amounts of their money.

If you're looking at buying a rental or house hack in the Triangle, then you should consider short term rentals.  Why? because we have a strong demand for them and great str laws.The Triangle is visited year-round by ...

The buyer ended up buying and reconverting to a single family, and doubled his purchase price.Yeah, that's actually a really good and in-the-now viable strategy. 

2.Are there strategies to reduce the required down payment or secure better mortgage terms?