Your tenants will pay down your mortgage and you can use some of the money from the rental to either help pay down your student loans faster or save to buy another property.

I have an opportunity to purchase a home around 350k from a seller I know.  The home is as is, so it needs some repair.  The ARV would be around 530k.  I am thinking the repairs would be 80k.How should I go about gett...

I decided to join BP because while I think I’m a newbie, there’s always someone greener than myself that I might just be able to help.

The combination should help you develop new strategies (money applications), and how and where to apply these strategies.2 - You don't need money, at least your own money. 

Found great cleaners who are doing well and design consultants to help uplevel some furnishings. 

You would have to look at number using local college group, if you need a DSCR loan let me know i can help with that to and i can use projected income from the short term rental to qualify you.

Thanks for your continued helpful responses.  

Taxes: Could this strategy help in saving on taxes, or would it just complicate things?

I do however completely agree with you that we’ll likely see a cut next month and that there are standard metrics and pieces of data that help us determine where the rate will go.

View report
This property was listed $320KDuplex with basement and 3 car garage in a Class B neighborhood . Multiple improvements done on this duplex in 2021, including new roof, gutters, flooring, drywall, electric...