number of bedrooms and baths can increase the ARV, the amount varies by location in my area going from 2 br to 3 br will increase ARV by $25-$30K,  going from 1.5 baths to 2.0 baths $5-$10K, going from 1.0 baths to 2,0 baths even more

He’s also a member of Bigger Pockets but isn’t getting any response to his post.His question is if he takes 77k or maybe a little less on a HELOC to remodel his house from 3 bedrooms and 1 bath to 4 bedrooms 2 bath with a master.

Does your multi need to have parking (it tends to be more attractive to tenants with off street parking)? 

LVT flooring throughout, a modern kitchen with backsplash and quartz counters, double pane vinyl windows, custom baths with tile, lots of natural light, sliding doors off master to rooftop deck ready to be personalized, and a spacious backyard.

All three are on the same street where I currently own 4 duplexes.

However, location was across the street from a hospital and borrower was from the medical industry so post renovation lease up should go quickly.How did you find this deal and how did you negotiate it?

It was originally build as a mother in law property with two identical 1200sqrft 2 Bedroom/1 Bath units.

It was originally build as a mother in law property with two identical 1200sqrft 2 Bedroom/1 Bath units.

If the basement bath doesn't have a window, just go ahead and install a fan even if it is senseless.

When the market (Both RE and Wall Street) turns, we'll deploy those idle funds and our equity into purchasing more investments.