Buy and hold, and have some cash flow eventually (enough cash flow to continue this journey year 1-2) but definitely appreciation.If we can’t find duplex is it a bad idea to consider SFH with basement?

Consider talking to lenders about what that refi process can look like/what will be needed as well for when you are planning to pay the HELOC back.

Or a young couple, with sweat equity, who want to make it their forever home.

Or a young couple, with sweat equity, who want to make it their forever home.

You'll never know who youre dealing with.

It sounds like you are on the right track.

Thank you, Hey Elliott, From a tax perspective, placing a rental property into an LLC generally doesn't offer significant tax advantages, as a single-member LLC is considered a disregarded entity by the IRS, meaning income and expenses are still reported on your personal tax return via Schedule E.

You mentioned this is your second home—are you treating your first home as an investment property now that you're moving into this one?

Purchase price: $32,000 Cash invested: $58,354 Sale price: $105,000 5/17/24 purchase.Charming Little 3/1 - We are remodeling all inside and out including new roofing, this is our first project out of state, it will be a BRRRR, hopefully first of many to come.

In general, most DSCR loans are sold on the secondary market.