Someone who has $250,000 in savings, for example, might want to convert that into an overfunded policy once they realize how powerful it is.

You could also do something like find a SFR, build an ADU in the backyard / convert the garage, and live in the ADU while renting out the main house.Lots of options.

I'm trying to figure out how to start analyzing the property to see if it would be worth purchasing and fixing up while living in it and then turning into a SFR or buy and reno/converting it into a MFR.

A huge block of text wont ever get anying to read your content.I really should put tofether a seminar for BP and give you all some awewome tips on how to convert traffic into leads!

We don't have a mortgage on our primary residence and once my son gets out of high school we would like to sell our primary residence which is getting kind of large for us and to downsize into one of these smaller Townhomes converting it into our primary residence.

Tom Squire I would try to convert to a 3 BR and I would leave the cast iron in place.

But what if you converted the "play room" to a bedroom as a part of that $40k rehab?

I plan to convert to monthly rentals, and either leave the homes with the seller, or buy them wholesale for $3000 each and sell them to the tenants.

I'm thinking of converting a vacation home to a rental.  

Hi All, I'm here to share the details on my first FLIP, hopefully to motivate other first-time flippers.Property Info: 4 bed / 2.5 ba when I purchased it, but I converted the master bath and half bath into a master suite with a walk in closet, so the finished project was a 4/2 with a much more functional layout.How I found it: This property was on-market.