Our first purchases were ones that we lived in and added value while we learned.  

, it's still highly unlikely that an appraiser would have given value to this bathroom in any case, so we're not losing anything from an appraised value standpoint.Seller should be more than OK with it once you educate them on the fact that of all the offers they are evaluating, yours is the only one willing and able to execute a plan to close on-time, without delay, in spite of the flagrantly illegal and unpermitted bathroom.

Be that as it may, with this approach, you will have to provide some value for your folks even to consider this.

This deal taught me to always budget for contingencies and reinforced the value of a great team!

Real estate often rewards patience, and holding in a market like this can allow you to build wealth steadily as property values grow.

I have no doubt you’re going to make a huge impact in the Springfield and Hartford areas, and I can’t wait to see you grow.This is a great place to connect with people who share your values and goals.

Traditional residential home loan.How did you add value to the deal?

You can find SF properties that already have in law suites, garage units, etc, and now legally rent those, so it should increase the appraised value significantly.

I got it appraised in 2022 and it’s valued at $165,000.

It can strengthen your relationship with your property manager and demonstrate that you value their contributions to your business.It helps ensure compliance with lease agreements.Many lease agreements require landlords to name their property managers as additional insured parties on their insurance policies.