I recently inherited my mother's house, and I'm excited to kick off my real estate journey with it as a tribute to her.

I have seen some decent lots sizes as well to add in an ADU or Carriage Home/mother in law suite. 

I feel stuck in a similar situation, I have $1M in equity in this house that I’m living in and renting the mother in law apt next to it , the problem of course is the 7-8% interest rates , have they not stopped the BRRRR technique in its tracks ?

I used to live in the SF Bay Area, and my mother still lives in nearby Fremont.

They took our family home threw us on the street when they hospital took our mother( unnecessary surgery took her life.the said they would help with transfer of title but we didn’t know it was fully paid threw her mortgage life insurance!

I had a mother of a college student call complaining because we told her the house was cable ready (meaning there were cable lines already installed-and trust me, we explained to the daughter what utilities were included in the price and what wasn't) and she was very distraught when she connected the line to her tv and got static.

And it causes the 16 year old driver of the other vehicle to have brain damage and loss of mobility which will require 24/7 nursing care until their death at 75 years old.  

I’m currently buying a property with my mother.

Mother nature can do 1 massive damage to one and not the other.

Hi Navid-To start, I am sorry to hear about your father's dementia.It is fortunate that you were able to sell his business and he invested in 6 investment properties in California 10-15 years ago and he and your mother are living on the cash flow from those.You now are thinking about expanding your father's investment real estate portfolio because California is so expensive to live for them but don't have the same experience and confidence being new to investing.This is an honorable goal and you are right to be cautious and thoughtful.You asked about whether you should cash out refinance each house or borrow against all houses to get downpayment for new properties.