Its my first home and has done better each year , I bought it 4 years ago for 388k valued now at 615k , I'm finally at a place where I could move out and have some positive cashflow , kinda not if we are taking 5% vacancy 5% repairs , 10% cap ex and management fees, but If i solely move out and self manage it will create positive cashflow unless unforseen cap ex . 

If they disclosed anything about it before you bought it and you didn’t inspect further, that’s on you.

First property I bought was an undervalued house hack double.Purchased for 70k with an 80 conventional loan.ARV 160kI then took an 80k HELOC.Next I bought a single fam to move into using another conventional mortgage with 20% down coming from the HELOC.After all this I then discovered the BRRRR strategy.

I took out another personal loan for 35k and bought a single family home .

I took out another personal loan for 35k and bought a single family home .

Hello,I just bought a two family ( first time home buyer/owner occupied).

@Toi L Hudson if you bought it for $90k and it only needs paint to be worth $128k, why are you wholesaling it?

My original assumption was that since we bought it together in cash through our LLC, we would need need to cashout refinance it in the name of our LLC so we would both have legal tie to the property through our LLC. 

The original owner (who I bought from) had a mortgage on the property. 

I bought my two family back in 2008.