Holding the house and we kept it in good repair What was the outcome?

If the lender won't loan on the property until the lien is satisfied, it makes no difference from the buyer's side how the partnership splits any proceeds from the house.

My partner and I used hard money to buy property and have about 180k in house so far.

Some give me an estimate which is much more than the ARV of the house. 

@David W.I agree it's not the best idea to tie up all your capital in one property unless it's a house hack or you a have a good exit plan.

If you are in college, a house hack makes the most sense.

I'll preface by stating I am a complete newbie to real estate, however I have followed BP for about 10 years now.Option #1: House hacking I am currently unemployed, but have a chunk of savings for a downpayment (roughly 50k) if I decide to go the route of house hacking.

Hi, I recently bought a free-and-clear house at the local tax auction for $25K, When I claimed it, the former owner had left everything in place and it needed a cleanout.

I also recently updated in a student housing value add and a Marriot hotel in Ga. all through CrowdStreet.

HI Stephanie,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.