Alternatively, if I left the unit as is, or added a bedroom for a much smaller cost by removing the dining room, I could rent the entire unit out on a short or medium term basis, for at or above the monthly cost, then look for a separate house hack with a bath already installed.

For myself, I think my ultimate goal is to have an alternate cash flow to offset my dependence on a day job, which would allow me to choose a job I enjoy rather than have to find a job based on salary and ultimately allow me to travel with family more and enjoy life rather than stress about money.Thanks in advance and hope to connect and gain wisdom!

I’ve previously posted about converting my garage into a studio ADU. The new cost to do this was estimated to be around $90,000. Yesterday I received a call from my contractor about a new solution. He has found someon...

Alternatively, if your going to be buying real estate, consider selling and trying to close early in the year, that way you can have the entire year to get properties and do cost segregation that can offset that gain. 

This might buy you time so you can either save the money to pay it off or to find an alternate way to finance that balance . 

You should have the cell phone of anyone you deal with regularly and they should have alternate points of contact if there's a conflict that keeps them from handling your file personally. 

Option 3 suggests having another discussion with the credit union to negotiate terms or explore alternative loan options within the institution.

There were delays as my agent was supposed to help list the property for rent to place a tenant, but FlipSystem was with me in figuring out alternative resources - that was key.So really, you're paying that $15K fee (confirmed!)

As alternatives, explore house hacking for faster equity building or consider other investment strategies aligned with your goals.

There will be significant cost and time involved, hence the alternative, pre-emptive steps outlined.Focus on loss minimization rather than an emotional response.Best of Luck -