I'm looking for ways to use my $200k efficiently and invest it somehow or even try to convince the seller..I’ve considered lines of credit, personal loans, and options like SoFi, but I’m not sure which will work best in this scenario.

The goal is to increase the property’s value significantly through strategic improvements.

Purchase price: $105,000 Cash invested: $10,000 Sale price: $210,000 While in college, I had enough money saved to put 3% down on a property and make some small improvements.

Hi, I am reaching out because a couple of properties that have equity and I am looking for ways to pull some of that equity to redeploy the money into the properties to do improvements to maximize my income streams by building ADUs.

Some land flippers will buy unwanted and neglected parcels of raw land for a bargain and then improve them by clearing the land or even leveling it before selling it on.Most land flippers are making money by actively seeking and marketing their land flip projects.

I know it is a capital improvement and needs to be depreciated - which makes me think to claim it in 2023 when the work was done, but since we didn't pay it until 2024 - that seems wrong. 

A 2 stage is far more efficient and less costly to run.

It's most beneficial if you have multiple properties or plan to scale.This would be more for operational efficiency at your level.

These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.

I have a condo in Lakewood, CO (26th and Kipling) and have been self-managing for the past 2 years and no longer have the time/energy/patience for self-managing.