Two options I would recommend though are a live in flip (depending on knowledge/skill) or house hacking (renting out bedrooms).

Account Closed My rents are almost all in the $800-$1000 range, one and two bedrooms mostly.

We're talking part of the kitchen, both bedrooms, the bath, the living room and the dining room - holy ****.

On the BP podcast they've mentioned a few times people turning a den or extra family room into their bedroom and renting out the other bedrooms in the house so they can live rent free.Best,Paul

Purchase price: $112,500 Cash invested: $40,000 Sale price: $205,000 This was a foreclosed 3-bedroom 1.5 bath single family ranch in Keansburg, NJ.

Wondering how to negotiate this problem. I am going to bring it up to the owner to see if he got permits for the addition he got. How hard is it to get permits after the construction was already done? Worst case scena...

Kindly help me with your wisdom.It’s a semi-detached 2 unit has a new boiler, new hot water heater, vinyl replacement windows, brand new exterior doors, completely renovated 1st floor- 1 bedroom unit - features a living room with a fireplace and granite in the kitchen, ducted for central A/C.The 2nd floor-2 bedroom unit has central A/C.There is W/D hook up in the basement, and also a W/D hook up for the upstairs unit (would need stacked small unit to fit into space).

We purchased for $63K, and put $9K into it initially (lipstick on a pig), which included putting up a couple of walls and double doors to create a den in the back of the house, which gave us a 2 bedroom + Den instead of just a 2 bedroom.

We purchased for $63K, and put $9K into it initially (lipstick on a pig), which included putting up a couple of walls and double doors to create a den in the back of the house, which gave us a 2 bedroom + Den instead of just a 2 bedroom.

It was a small efficient electric tankless water heater.The bedroomThe bedroom has enough space to fit a bunk bed for 2 kids + a bed for the mother.