Even if you only averaged 2.8% appreciation annually, which if you've had it 20 years I have no clue how that's true given prices have well more than doubled in that time, youre skipping over the fact that you have been benefiting from that appreciation on the ENTIRE house, not just the % you paid for.  

Cost of risk scenario. 
Reno Scenerio Off Market Purchase Price - $185k 
ARV = $315-335k
Reno - $55-65k
Holding - $10k
Closing both ends - $25k
= $335 , $315-$285 =$30-50k gain  

As-IS Scenario Purchase - $18...

Hi everyone,Does anyone have any useful spreadsheets / checklists / anything informational as I begin my journey into fix and flips?

@Chad Chase - I think funding a fix and flip with a HELOC from a primary house could work.

So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity.

I need to rent my house out but thinking about going the untraditional route ie Airbnb, Padsplit etc.

ADUs typically add value to a property, but it might not be at the same $/sq ft as the main house.

Hey there @James Colgan - Love the idea of house hacking a duplex!

I am actually doing a flip right now and hard money lender isn't the easiest to give us a loan for the rehab (draws verse pulling all at once, which is normal).

This deal not only demonstrated our ability to execute rapid flips but also underscored the value of our strategic partnerships.