These allow you to bundle renovation costs, and if the post-renovation value meets 20% equity, you may be able to avoid PMI.

Hi Geetha,The NCREIA meetups in Raleigh and Charlotte are a fantastic choice—they attract real estate operators at every level, so you're definitely in the right place to build connections!

Could someone please advise an actionable step or game plan I can follow to tap into my equity correctly (if that makes sense here) whether that's HELOC, Cash-Out or another strategy?

I would just make sure that the unique living situation is spelled out super clearly for both parties.

The results have been much better than when I was doing it myself.

@Long BuiWhat state is the property in?

At this point, I feel like both were wrong and I should just get a land appraisal.

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.

I am trying to get the best affordable quote for Landlord insurance.

If so, would you recommend the company?