Are the taxes being auctioned to the current date. 2024 versus 2022 and more taxes are due.4.  

I’m also not a fan of buying a property that loses money every month, while hoping for appreciation and betting that interest rates will fall.

It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one. 

Hey @Jon Pflueger - your best bet will be to retain an architect, they typically have a good understanding of what's feasible and not in a specific zoning/area + will know how to handle variance permissions and etc. 

Keep it simple versus some of the esoteric structures being pushed.  

Going through the insurance process is more crucial to your strategy right now versus the tax implications.    

If you take the cash out through a refinance you avoid having to refinance again in 3-5 years.I see a lot of investors get stuck with high DTI issues when trying to use a Heloc to buy another property versus a cash out refinance. 

That sounds like an ideal situation versus doing a full fix and flip for your first deal. 

i think your best bet is to try to build a network within the investing world so you're positioned as a hub, someone who knows a lot of people, and see a lot of transactions.  

thanks Your best bet is to partner with a GC or find a GC that a friend of yours trusts.