While rehabs can be rewarding, I’ve often ended up paying much more than I anticipated or would have liked—especially when managing from afar.

Might make sense to pay the taxes and invest in something overseas...$.02

And you can definitely pay off your home faster if you focus on running all of your expenses through it and watch your expenses. 

As Sean above alluded to- never pay a seller for your future hard work, risk and stress. 

yes create the addendum but realize the tenant who has been paying could ask to be reimbursed for these costs as well as not accept the addendum.

If it is less than 30 days, the owner can kick someone out for failing to pay or obey the rules.

However it is worth it to pay a little bit more money for a mortgage now, so I can start building equity, assets, and future cash flow.Hey @Kody Glithero, welcome to the BP Forum and it's so great to hear you're looking to start your real estate journey as such a young age!

I agreed to pay for the renovation with no interest credit cards.

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

I'll subto his existing mortgage and pay off the 120k.