You would be in an unsecured position and the cost to manage and service the loan (which is required by law but most ignore) would add a cost to youJust sell it at reduced price

If you can recoup your upgrade costs within a year, go for it. 

Hi BP community, would anyone happen to know if a variance on my mixed use commercial building have any effect on my property insurance policy? 

We were also looking at a TON of houses in the area so we knew this house was under what it should have costed.

No, most hosts in the United States avoid them at all costs, due to the lack of host friendliness.

But you are effectively putting yourself into more debtThere is good debt, and bad debtStudent loans are IMO bad debt - yes you get a degree that gives you a good paying job, but it costs you money every month to hold that debtReal Estate debt if used properly can be good debt.

@Paige Kehoe cost vs time will be your biggest challenge!

Hey all,What numbers do you use when projecting repairs and maintenance costs for apartment buildings?

Hello all,I have 2 triplexes in Pittsburgh and would love to find a plumber that's familiar with installing water submeters and can recommend effective submetering products.  

Self employed here, average $3k for prep and pay 37% effective tax rate.