I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cash for one home and refinancing later or buying multiple homes with 20% down, there are several factors to consider.

I can’t say I fully understand the issues of basis but it is clear that it would be better in multiple ways if the property were held by an llc. 

I’m looking for some advice and help on this situation I got myself into .I currently own a property in which I owe about $33k on.I need to get rid of this property as it is almost 2 hours away from me and I have too many other projects going on right now.

I can opt to do the house hacking situation, pay only 5-10% down, and live in one of the units but it will be less convenient for me in a number of ways.  

Make sure you are in a good market, make sure the numbers work, and have multiple exit strategies, run it like a business and you will be successful.

Talking with multiple investors and realtors in the target markets then crunching the numbers on the markets that work for your goals, time, energy and capital will guide you to find the right property. 

The best part is, we really get to help this lady out of a bad situation, which for me is better than what we stand to make at the end of the day.So if you remember anything about this episode Im describing, please lmk!

As indicated we ran into multiple unexpected issues but also it was our first time rehabbing a unit that was old enough to have lathe and plaster (whether built in 1901 or 1920s).Did we make a mistake re-doing the entire plumbing and electrical rather than just what was necessary?  

Describe each room with LONG descriptions with tons of details like mattress type, kitchen gadgets, bedding quality, etc...Turn on smart pricing, get on multiple OTAs with a channel managerHow long is your description?

This can cater to multiple small families or individuals on SNAP, maximizing the utility and affordability of the property.