I am considering adding a bedroom and bathroom addition to one of my properties that is located in the City of Dallas.

I m currently house hacking a 2 bedroom.

When this turns around, you’re easily in the blackIf you get a loan, i imagine the cash you save will provide ample liquidity to cover a significant period of no incomeUltimately the question is twofold...can you cover the holding costs on an otherwise solid deal (assuming it was truly solid) until things improve?

I see that you are a contractor, what do you estimate it would cost you to throw a 700 sq ft addition with a master bedroom and master bathroom onto the back of the house.

Hi everyone,Prior to the crisis of the pandemic really started to take effect, I had a 2 bedroom apartment up for rent. 

Also wondering how many bedrooms/bathrooms your new unit is.

I'm going to live in one bedroom and rent out the other two rooms to tenants who are also my roommates. 

If you can find two bedroom homes that are at least 1000 square feet and you can concert to a third bedroom that’s a $15,000 return.Good Luck. 

I don't know, but it doesn't seem likely I'd get a much better deal with a refi.Looking at rent comps in the area (Centerville) for a 2 bedroom 1.5 bath with 1,000 square feet I've estimated it'll rent for about $900-$1,200 a month, but another concern I have is the $230/mo HOA fee involved.

This will allow ample cash flow.