There is a good-sized garage in back that I am considering converting into a 1 BR apartment.

yeah I definitely have some capital saved up however I read online that va home loan is a decent way to start off and depending how much equity I have in the home I can refinance it to convert to a conventional mortgage.

In 2019, I refinanced and converted a barn into a small house on the back 1/2 acre that cost me $80k.

Purchase price: $175,000 Cash invested: $30,000 Convert 3 Family Unit to 4 Family Unit.

I’m curious about pulling it all out and converting it to a self-directed IRA, or self-directed something so that way I can use it to purchase my first rental property.

What I have started to do with my two units that don't have two furnaces is to convert one of the units to electric baseboard.

I see this a lot with colonials that have been converted to have apartments in them, essentially 2 beds/1baths over 1 beds/1baths.

To rent out to students, I am planning to convert a spacious family room and a dining room into two additional rooms. 

PRESERVED THE TRUE ERA CHARACTER AND CONVERTED A LAUNDRY INTO A FULL OPERATING BATHROOM What was the outcome?

This would do 4 things for me, 1) increase my monthly disposable income since the student loan has now essentially been converted into a mortgage being paid for in rent, 2) decrease my debt to income ratio, 3) still provide cash flow (theoretically), 4) sell the house and effectively old my student loan with it