Also would like to convert the garage since already has all the plumbing for kitchen and bathroom 

Purchase price: $70,000 Cash invested: $80,000 4/1 converting to 3/2Full RehabUpgraded electricity, plumbing, added HVAC, new roof, all new walls, sub floor, flooring, opened up living/dining/kitchen into one large area ...

There was a detached garage that I turned into a studio apartment with a full kitchen and full bath with a loft bedroom.

If you hold 10 more years, you are likely in for a new kitchen, bath(s), HVAC, water heater.  

I came home to a broken dishwasher that he had let overflow over and over in the kitchen while I was gone because he didn't really register the water and just mopped it up without telling me.  

HELOCs are not designed to keep a balance on them (because of the variable rate and maturity date).  

Hi Tim,This property is a Duplex with a full basement that already has plumbing set up for a bathroom and kitchen, it can be turned into a triplex.

Since I spend 15 hours of the day thinking about Real estate, it was time I got my wife involved in Real Estate :) and she really loves home decor so she took over all the designing of the house and picking out the material for the rehab.

Since I spend 15 hours of the day thinking about Real estate, it was time I got my wife involved in Real Estate :) and she really loves home decor so she took over all the designing of the house and picking out the material for the rehab.

It looks like there is a plywood floor in the kitchen area, but we haven’t been inside yet, just peaked in the back window and talked to chatty neighbors.