Quote from @Jerry Velez: Hi Community,I have been thinking of some creative financing ideas and this one has been intrigued.

@Lauren Lewis, also one of our members Barb Mayne hosts a monthly meeting for the Topeka / Lawrence areas - it is on the MAREI Calendar and she also has a facebook group and a group on meetup - eKARI  Eastern Kansas Association of Real Estate Investors.

We would likely take 2 years to rehab since this is our first one. 

- Renting it Out: The likely rent I'd get in this area will cover half my mortgage payments at the moment- Add Square Footage: Taxes will likely go up significantly- Build an ADU: Overall ROI will likely not offset much since it'll still be counted as value tied to the one house- Selling Off Land: Sits on .5 acre that I might be able to sell.

Connecting with investors is a great move too; it’s one of the best ways to gain real-world knowledge and build a strong foundation for your journey.What kind of investing are you most interested in? 

We close on one more townhome in early February.

HEY GUYS JUST WANTED TO KNOW IS IT POSSIBLE TO GET FUNDING FOR A LIVE IN FLIP IM CURRENTLY ONE SIDE AND WOULD LOVE TO REHAB THE WHOLE PROPERTY I GOT IN USING FHA !

Most suburban cities have VERY limited lots and most of those are zoned R-1, meaning only a single-unit house can be built.In the City of Detroit, it's cheaper to buy one and rehab than build!

One of the major issues I see is this.

Keeping clean records from day one really helps when tax season rolls around.