Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

Perhaps we "buy" the house from them for the $328K balance to satisfy the lender and don't need a large down payment and then have a separate contract with them to pay $x per month until we've paid the full $172K amount.

I have always had an interest in flipping houses because I get really excited to see run-down houses, walk through them, and come up with a design plan.

State Farm just told me I have too many houses and have to move on. 

They have been on a month to month lease since 2023 and we gave them 30 days to find new housing.

Educate yourself on how to house hack.

I made tons of mistakes on my second house hack and I still came out ahead.

The smart ones house hack and buy rentals, but the good ones know that their clients come first.

Knowing the average bP buy and hold investor this type of information would be for advanced investors that deal in the back end of real estate not the front end like most who just want to buy a house for under market rehab refi rent or flip. 

I think if I make this house really cute, I could potentially get $240K ARV.