When did the HELOC on my house with ADU, the first appraiser used option one and I demanded a new appraisal where they would give me a flat value.

My friend is selling his house and is open to an assumable mortgage.

There's a specific forum for House Hacking.You'll want to spend some time reading through there as it's a common topic.

Hello @Fulati,With that budget, I would look for houses in East Memphis, Cordova, or Bartlett.

Thankfully we are commercial bank clients so our rates are as low as you can get in the market place for anyone who is not Lennar or DR horton or those types.Do you pre-sell houses without hedging a percentage of the supply?  

10k Course, Sub 2 an inner city boarding house, Cost Seg, Cook Islands Trust  Naa, you forgot a step: after the sub2 and before the cost seg you need a G6

There are risks too, when buying condemned and burned-out houses because you may not be able to control the environment where these properties exist.

So the question is whether your house is a good rental investment long term.

In addition to STR'ing the main house, he is building 2 more units (ADUs) on the back side of the property.

Ultimately, a do a little bit of everything in the residential space depending on the deal I find, but either flip paper (wholesale), flip houses (remodels) or flip the debt (buy and holds).I am looking to connect with as many of you as I possibly can while adding just as much as value wherever I can!