We added a bedroom and a kitchenette in the basement as well as a complete remodel of 1 bathroom and pretty much just spiffied up the rest.

After I Refi to get the rest of my money out and pay off the private loan the property should cashflow around $1400/mo. and thats with leaving absolutely no money in the deal.

That way you can put 3-5% down and the rest of your cash reserves would be available to update the property.

@Brendon K.Million dollar question: did you already pay the other contractor the rest of his money?

She's also a nurse and was making good income, except she was forced to stay home toward the beginning of 2020 because of her age, therefore she's eaten through the rest of her savings.

My interest 64%, rest between two husbands.Next thing, second divorce.

If i can get the house i will renovate the home so that i can stay in one part and rent out the rest of the home.

I owe $300K, but if you can give me $200K, I think I can come up with the rest.”Today, you can sell any cabin by naming your price.  

Also, kudos for thinking to split the house off from the rest of the land!

I'm speaking for myself, not any sort of official company opinion.