I've come across another deal where the cash to close is roughly $22-25k and will secure a 2022 five bedroom home with a 4.25% rate. 

For the bedrooms and bath, choose colors from the rug, and use them, you can't go wrong! 

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.

This would include adding another bedroom and making it a full 2 bath.

Purchase price: $144,900 Cash invested: $13,000 This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA.

I think the area is short on larger (4-5 Bedroom) homes that can really accomodate a whole family.  

Total of 5 bedrooms and 3 units.

That's a very small inventory when especially considering buyer needs like, budget, location, bedrooms and aesthetics. 

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.