Some of your renovations can be expenses and some may need to be capitalized.

One of the main advantages of course is affordable real estate prices (according to Redfin, the median home price in Dayton reached $115,000 ).

Increase your income, reduce your expenses, save like a madman, educate yourself, and invest from a position of strength.1.

However if the property is almost paid off I’d look at the cost of the repairs (they’ll only get more expensive if you let conditions deteriorate further) and weigh the costs vs the income you are making.

Unfortunately, you'll just need to get your pencil out and grab every expense possible in preparing this for sale.

If timeframe is a concern we do have a 14 day close option, it is more expensive in rate & fee but sometimes it's needed!

Another savvy move is "house hacking," where you live in one unit, renting out the others to cover expenses and even make some extra dough.

if that is the case, do you believe that the saved cash flow after the renovation and normal expenses/emergency funds, etc. would be enough to gain a down payment on the next property within 1-2 years?

If a guest is adamant about viewing in person, we usually set up a showing at the guest's expense.

Seems like these loans are very expensive.