Use this as a learning experience to refine your investment strategy and prevent similar issues in the future.This post does not create a CPA-Client relationship.

@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.

I own my primary residence and want to build a DADU on the back of the lot. In working on construction loan financing, the lender informed me I'll need to unencumber that portion of the property (makes sense) before c...

@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.

Sellers or JV partners may value a hands-off partner who can handle rehabs.Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals. 

The real estate game is all about relationships and strategies, and this is one of the most important topics to get right early on!

You'd be surprised how often a deal can happen using this strategy but it is also important to run the numbers and make sure your COC return, etc are in line with your expectations.Probably the lowest risk is partnering because a seasoned investor will verify the deal (hence their participation) and likely take care of the initial money required.

We had just listened to a podcast with Marco from Norada as the guest (Passive Wealth Strategies for Busy Professionals: Demystifying Turnkey Real Estate Investing) and were reviewing the information about the notes on their site.

Hi @Saika Maeda - it seems like you received good advice to legalize the unpermitted unit as the best strategy to move forward with.

But hopefully you are able to find a great house hacking situation if you end up moving, its a great strategy to leave a trail of rentals behind - just as my wife and I are doing now!