Meanwhile you can use the remainder of your cash to finance multiple other deals.For a Hard Money loan you will only pay about $750 per month for each $100,000, so if you are not n the project for too long and the forced appreciation is decent, the extra carrying costs shouldn't be to bad compared to the overall deal.

PAM---Pam Blanco  Property Asset Management.Address: 2201 N Collins St Ste 240, Arlington, TX 76011Bobbi---Wilco in Fort Worth...Address: 3500 Hulen St, Fort Worth, TX 76107---Trend  Address: 204 S Main St, Keller, TX 76248---Renters Warehouse....Address: 5304 W Plano Pkwy, Plano, TX 75093

I would not take on a unit for little compensation as buy n hold rentals are not 100% passive

lolThanks for being there for new members, @Justin Dossey, @Dmitriy Fomichenko, @Dan Krupa, and @Hau N.!

Senthil N. - I love premium TurboTax (for rentals).

There are other markets that are either more landlord friendly or offer better cash flow than Ontario (Alberta, Eastern Provinces - as @Roy N. pointed out).

Hello all! A little background:I'm currently deployed over seas, I'm actively looking for a way to make the most out of the capital that I'm accruing while I'm out here.. especially since i don't have any living expen...

@Roy N. , Account Closed - thank you for both of your feedback!

We originally had plans to rent it out after the remodel and move out into a apartment until we are able to finance a second property. but now I'm wondering if we should sell after the remodel and take half of the proceeds and re invest in either a fix n flip, or buy a duplex to house hack, or buy a single family to rent.

I have a scenario where I want to do a fix-n-flip.