Houses like that are much better suited for landlords or seller finance investors.

My calculation tells me it will take 2.5 years to recoup and since I would like to ideally sell in 15 months, it seems better to stick with what I have at the moment.But should I be considering the cash flow I will save by not paying the interest on my mortgage for two months while a refi is being completed?

During the inspection before the auction, all these guys in suits were staring at the house not inspecting.

Sometimes what would not be ideal for you and me - isn't even an issue with a potential buyer.  

Putting HVAC in any unconditioned space is a big no-no and should be avoided, if at all possible.No matter what you choose, make sure the contractor does a complete manual-J calculation (and ideally blower-door test) so that you know the system is properly sized.

This should not only ease the stress of trying to finalize and file your 2019 tax returns, but also gives you 3 extra months to pay any taxes due for 2019 tax year.Most states have now followed suit, but double-check with your state to be sure.  1031 Exchange and Opportunity Zone Deadline DeferralThe latest guidance from the IRS regarding tax filing deferrals is understood to include extending deadlines for filing 1031 exchanges and opportunity zone investments, as explained by Bisnow.For 1031 exchanges, investors who have to either identify or close on a property between April 1 and July 15 now have until July 15 to do so.  

I'm a software engineer located in Los Angeles and my goal is to start investing in (ideally) multi-family homes and if not, then single-family homes through house-hacking and possibly flipping (although i know flipping may not be the best idea during a recession).

OK this will be a weird post but here goes.We have a film crew coming to film and we need a commercial building ideally vacant to film in.Does anyone have or know anyone that purchased like a post office, old church, gas station, office space, ... anything that could be flipped into a single family residence?

Certainly doing minor repairs and putting the rental back on the market (during COVID-19) is not ideal and would cost us more than a small discount to rent.

Purchase price: $240,000 Cash invested: $23,000 Small multi-family with a down stairs apartment (granny suite) What made you interested in investing in this type of deal?