So I have my house that refinanced in 2020 for a 15yr 2.5% rate and we have about 56k equity. Purchased at 211k . We have an opportunity coming up from a family member who is willing to sell us my childhood home for w...

This deal leveraged strategic financing, value-add renovations, and market knowledge to deliver a strong return.

Hi all,I have a 2 bed/1bath, 900 sq ft home that needs a kitchen renovation.

One thing to note- the building is older (built in 1922), is considered in a historical district, and although each unit has been fully renovated, I have not upgraded all the electrical/roof and plumbing, so that's on the older side which I know is more challenging to get insured... 

@John Perkins Help you find lenders that can increase your profitability on your projects and perhaps help you scale!

@Kyle LipkoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

If substantial renovations or capital improvements are made in later years, those improvements may qualify for new bonus depreciation.3.

@Jaycee Greene I think she said the purchase price was going to be around $380-385k plus an additional $50k for renovation.

HI, I own a part share of a nice recently renovated house in North London, with other members of my family owning the rest, left to me in my fathers estate, with probate granted in 1999, as a tenant in common.

I think if you leverage 70% of it you’re going to seriously cut into your cash flow and personally if I was going to have $7M in debt I’d prefer it to be spread over several projects built slowly.