Additionally, if he’s legally and financially tied to the property, it might limit his flexibility if he wants to make major life changes, like moving or starting his own investment ventures.Ultimately, the decision depends on how involved you want him to be in the financial side of the property and how much risk he’s willing to take. 

Leveraging your equity through a HELOC or cash-out refinance can be a smart move, but it depends on your risk tolerance and goals.

Move up to 10 to 40 acres and split up into large lots.  

Most people bring their own.We also have a bin of razors, q-tips, cotton balls and even a bunch of contact lens cases in the master bath.

If you buy a property with a tenant already there, what if the home needs a lot of rehab when they move out?

i might need to move to cali, much success and happy wholesaling in the sunny west coast, keep posting but most of all keep sharing

Nice job on moving forward on your new lot--best of luck on what you do with it next. 

Do they want to move?

Luckily the market had moved in his favor so he was able to sell and didn’t lose that much money.

I am likely moving towards selling a unit of mine.