Interestingly, the premium for the single-family rental is about half that of the 4-unit property.I’ve owned rental properties for over 34 years, so I have a solid understanding of how premiums and coverages typically align with property values.

Eliminate debt, establish a budget, and save.

This could be a great opportunity but I'm not so eager that I would do it if the numbers don't make sense. 

Too bad I was 12 years old and couldnt take out a loan lol not sure how to take this

Hello Lenders,I am a private money lender.My question is---When does the seasoning period start?  

@Kwanza P. do NOT do anything until you speak with @Russell Brazil!

Write it up to an education, spend some time sharpening your support team (particularly in the trades) and start thinking about how you can do it again!

During this time I did not have any utilities turned on, and when I called to have the water turned on today, I was told there was a charge of close to $500 as a service fee going back to when I purchased the home in March 2024.

See what others are renting for, the price yours accordingly.You can't do this once and know the market.

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