I have been doing work to improve the side that I am living in, including finishing the walk-out basement that adds another 2 BR and 1 Bath. 1-1 rate buy-down gives me a 24 month period refinance at either a lower rate, or at a higher value (forced appreciation from improvements).

You basically go see the properties, use the formula:  ARV x 0.7 - improvement cost - assignment fee would be your offer.

Hopefully things will improve when the new Universal Studios park opens up.

As a result, my FICO score improved dramatically.

Lakefront land prices are at a premium so I need to accelerate the timeline by taking out a land loan(or other financing) to fund further improvements.I have owned the property over 7 years and have been using my own time & money to clear the property and make improvements.

They cash flow from Day 1 and improvements can be made while the "guests" are on site. 

Adding closet organization and cosmetic improvements are likely to add another $5k.Thanks, Parris

My plan is to pay cash and wait until interest rate improves, then refinance and pull out $150k for a down payment on a second property.

A survivor cannot improve their overall well-being without stable access to quality housing," said Brown, who is elated about the opening of Harriet's Hope.

-Add value: Look for properties that have the potential for value-add improvements, such as cosmetic upgrades, energy-efficient upgrades, or additional amenities.