I'm looking to BRRRR this property, and hoping to be able to provide a bonus out of the refinance portion.

Renter's insurance ensures that if something happens to the unit that renders it uninhabitable that they have a policy in place to provide financial relief for relocating.

This isn't always as simple as it sounds, but could provide some additional insight.

So I would need a good interest rate and provide upgrades that would yield positive ARV along with pay down and appreciation to provide 20% equity for a refinance?

Providing a return and having a paper loss is fairly typical. 36% is interesting though...

I love more than anything that you see the value in providing housing and caring for your investment, however timing is everything.Once the tenants are out GO FOR IT!

If I get him 500k extra he said he will do it.

We want to understand how much loan do lendors provide for buying the land and do they have any restrictions for the loan like need to build in 1 or 2 years etc.

Is there any suggestions on WIFI providers for landlords to use specifically for a security system.

So there are a few ways to look at this, the 1st question is are you sure your renovation’s will double the property value, most renovations on primary residences, your lucky to get 60-70% of the dollar cost back out upon sale, so really nail down your comps, than you have basically a math problem if your rate on your primary goes up how long if ever before that extra payment is more than 400k in taxes, that’s just a simple calculation to help you decide, but I suspect you actually have a different question here, from a purely financial perspective my guess is the best option is to do anything to avoid that tax hit, but one of the reasons to make money is to spend it on things that you enjoy, based on your overall financial picture and a subjective view of how much enjoyment you will get out of a renovated home, you should decide if you want to roll your profit into another deal or “cash-out” your winnings, I love cars and I’m willing to spend more than is fiscally smart on them because they bring me joy, there is nothing wrong with that, but i don’t think it’s a fiscally smart choice, without knowing your exact property id imagine a renovation would fall into that category, so that’s the terms I would use to decide.