Recently my duplex’s property value was reassessed and my taxes went up almost 3x what they once were (bc it was assessed pre-flip before my purchase) so my Escrow shortage is about 4k.

So, they aren't a way to save you money only to protect you against things you can't cope with on your own. 2.

Hey Yonathan, what have you tried to land co hosting properties so far?

I'm not having any luck selling it so I'm thinking of pivoting to a midterm and short term rental as a buddy of mine has had some success with his house in Paris Mountain and the 09 zip code in Greenville.

So what issues could I run into and what’s the possibility I run into them.

You can work on ignorance only so long before it breaks you into little pieces.7.

But I have been looking into splitting the duplex into two condos (yes I know it is a lot of work) and I could probably get 325-350k for each, netting me 650-700k.Number:* Mortgage interest 2.5%* Mortgage principle 240k* PITI $2100/month* Rent 2200/month (current tenant on a two year lease)* Potential rent on my side $2400/month * 100k HELOC at 11% (fixed) (not currently being used)* est additional cost to split the dueplex 75-100k (conservative, probably less)     *new siding 30k (just put on a new roof this year)     *legal 10-15k     *fire proofing 15k     * 15-40k for stuff I am not aware of or underestimated on* some of the appreciation is external from the home     *big grocery store put in 3min away     * newly paved road in front of my house     *a building that was falling down across the street has been torn down          * Still a vacant lot with the foundation exposed and fencing around it (so more local improvements are on the way)Part of me wants to take the money and run but man I love that 2.5% interest rate and the $2000/month cash flow (including taxes and capx)I have thought about 1031 exchanging into more rentals, but I would like to pivot into storage units.

My family and I are looking to move between January- April of 2025 and we bought our current house pre 2020 so we have a large chunk of money in equity, we really have 3 options on our plate.

I recently consulted on a new build 8 units per entrance, so similar mix, and can hopefully offer some insight.

I know a few people with plenty of cash who can do the private loan for me without issue.Curious if this makes sense and if so if anyone has any good resources for getting best pricing on fourplex loan.