We recently did the same thing with our primary house.

@Jonathan Klemm, I did have one client who got hit with a Vacate Notice on the existing finished basement of their 1st floor Duplex-Down unit because it was less than 7'.

I live far away from this house, thinking about getting a property manager.

I want to help with low-income housing in my community that I know well and I've worked in for many years. lenders sometimes want 3 deals of the same level done.

Notably, the leased properties are located outside the United States, and we manage them remotely.We have our downpayment saved and approximately $450,000 in combined equity from our existing properties.

I am looking to learn more specifically about deal analysis, multi-family properties, house hacking, and section 8 renting.if you have any recommendations on who you like to watch or listen to please let me know!

we are building a building just like this in Columbus Ohio except vertical. we added kitchens and all studios and common commercial and mixed it in. multifamily is much easier to finance. we got a similar valuation. we don't have to buy 1 million dollars worth of furniture either. apartment hotels are what some people call them but we are underwriting affordable housing. we copied the hotel development rezoning applications in our market but went for multifamily and I had it underwritten at 15 million and we just had the number one debt placement broker look at it and appraise it for 20 million because they added a tax abatement. hotel development works because of the nightly rate and higher occupancy and no kitchens in every unit.

Like the title says, I’m interested in buying back a house I used to own.

A daughter (if not BOTH) to put in it come May 2025.20% of $550k for a family with 2 college kids is a ton.But looming college loan debt from their housing is worse!

She does not want to live in the house so we are trying to figure out a reasonable strategy for leveraging the house to buy a property that is in a more desirable location.