Investment Info:Single-family residence fix & flip investment.

One of our residents was robbed outside of this property and we ended up paying for the resident to move out and sold this property.

A majority of people who rent homes here have 100% equity in them so any rent will cash flow. 

Both of our properties have about 100k in equity in them so we were thinking about using getting a HELOC on the duplex rental property and use that money for the down payment on the next property.

I purchased my primary residence in Tennessee in March 2024.

Heck, my company added Equity Lines when I walked into three bank branches for an Equity Line for a pool and I couldn't find someone that knew how to take the application.

You could house hack by purchasing a small multifamily with an FHA or conventional loan, reducing your living expenses while building equity.

Investment Info:Single-family residence fix & flip investment.

Quote from @Richa Wardhan: It's inside the city zoned RG-1, we would like it to be a vacation home and STR Hey, RichaIs the home already a vacation home and STR or is it a primary residence looking to convert over after potential ADU built?

Find a partner who has money to invest with and find & manage the deal (sweat equity).