I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).Moving forward I am considering one of the following options to put my money and build equity:1.

Is the area around the building cleaned up?  

Financing through a personal loan usually offers better rates and lower costs, but using an LLC builds business credit for future investments.

But if you build a solid team and do your homework, it can be extremely rewarding.If you’re interested, I’ve put together a lot of resources on the market that might help—happy to share.

Hi Jaycee, Yes I do plan on continuing to build my portfolio.

I would love to get a property in the NW DC that is run down, add additional floors and then make it an apartment building.

Strategy Selection – With your interest in STRs, multifamily, and fix & flips, consider focusing on one strategy first to build expertise before branching out.

Perhaps you have coverage for the replacement value BUT the insurance company when calculating the replacement property uses modern building materials like drywall but your original house had plaster which is much more expensive.

@Keetaek Hong I have a lot of clients who are facing the same challenges but they understand the long game and that it's imperative to build a portfolio, With that lowered interest rate I mentioned you are looking at 30% down and including PM fees will typically have you around break even or barely positively cash flowing.

House hacking is one of my favorite investment and wealth building strategies.