It’s essentially the same type of deal only two more tenants.

Because of this, many investors see this strategy as a win in 2 ways:  first, they are able to invest 100% of their gains into another investment vehicle without paying tax and therefore gain the benefit of 100% of their capital's exposure to the new investment; and second, they are essentially creating tax arbitrage between their tax bracket rate and the flat recapture rate. 

This will essentially not be possible with new/multiple offer properties, so youll need to focus on properties that have been on the market awhile.Also note in Baltimore, your escrowed funds are always going to be high due to the high taxes...no way around that.Also keep in mind conventional loans limit closing help to 3%, VA to 4% and FHA to 6%.

Adding two bedrooms and a bathroom to the basement on each side of the Duplex to take it from 2/1's up to 4/2's What was the outcome?

Given the neighborhood, we could rent it out as is, but we decided to make at least some cosmetic updates to the kitchens and baths, then we're looking to add two more bedrooms and a bathroom in the basement to make both sides 4/2's before getting financing and paying myself back from the cash purchase.

Given the neighborhood, we could rent it out as is, but we decided to make at least some cosmetic updates to the kitchens and baths, then we're looking to add two more bedrooms and a bathroom in the basement to make both sides 4/2's before getting financing and paying myself back from the cash purchase.

This allowed us to get into the home for essentially no money down at a 3.75% interest rate.

I prefer to create more value by buying building with lots extra unfinished spaces or big dry walk out basement walk in attics, attached barns etc adding bedrooms increases cash flow quicker cheaper than extra bathrooms and adding entire apartments great too.

Replaced rotten floor joists, brand new bathroom, new kitchen, new electrical, new plumbing, new paint.

Hello, Does anyone have any good reco's for a handyman to come and redo a master shower and bathroom floor tiles in the Dallas area?