If you ever want to discuss specific steps or options, feel free to reach out!

I did just this in my two flat, it cost me around $150k to rezone, dig down, upgrade everything plus fee after fee after fee and materials after materials.

., get them in place before discussing an increase with the tenant because it's much easier to get inspections and repairs done when the tenant cooperates.

And to top it off, the letter stated 'with capital up to $300,000' and found out from the SOW we provided to them for $65,000 in rehab fees, they were only giving us $40,000. 

Always happy to discuss over the phone.Hi @Dylan Fraembs and welcome to Bigger Pockets and real estate investing!

I would try to portion that off as a separate loan that can be paid back quickly - you'd need to discuss your plan with the PML.

Condo: An HOA enforces rules, collects fees, and oversees shared spaces, reducing direct owner control. // Which One is Right for You?

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Hello Dana, For that purchase price in Brooklyn, NY, you could be looking at considerable unknown expenses at this point.If the property is occupied, you'll have to factor in attorney fees and holding costs while you wait to gain access to the property.Furthermore, you could be facing additional costs related to title issues: open permits, violations, liens, judgements, etc.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.