For example you finish the attic and add a 3rd bedroom or you take the already there illegal attic or basement unit which are common in Chicago and connect it to the legal unit for extra living space so now you have 3/2 duplex rents on what used to be a 2/1 simplex.

So, if we have 50% equity, we can take out 25%?

Unfortunately, there are many who take advantage of someone starting out, so what should I keep an eye out for when looking for a private money lender?

Two years ago, the military PCS moved me to Washington, DC, and it has opened my eyes so much about the potential in the rental market.

I am so curious on your experience with it.

Listings are truthfully the best lead generator, so you should be promoting these first and foremost.

I'm an investor and agent in Sacramento, so if you'd ever like to chat about this in greater detail, I'd be happy to jump on a call.

So I guess when I do BRRR, once I get refinanced, I pat off the debt from credit card and re-do BRRR I guess?

280,000 after rehab, 20 percent down, so would be financing 224,000.   

We manage almost 700 doors in Metro Detroit market, 92 are S8, so we are very familiar with the program.We've got some great S8 tenants, but also some not-so-great ones that abuse the program.PM us if you'd like to discuss the reality of using S8 effectively...