It is unrealized cash potential when it comes to selling/cash out refi/HELOC.4.

No lender is going to risk their own borrowing power on an already great performing asset.

It's advisable to complete these repairs before buying the modular home for peace of mind and potential negotiation leverage with the seller.

- Duplex- pro's- renter's rent money will pay for half of mortgage, after that is paid off, move to a house, have passive income x2, most living space. con's- biggest down payment, outside the city, risk of terrible renter, locking us down for at least 7-10+ years to at least make it worth it.Overall, I hate wasting money.

Hey Alec - might not be able to do it 'anywhere', but if you're in a fairly populated area you should be able to find roommates for a house hack.I'd focus on buying in the best location you can buy in - potential roommates will probably want to live there too.

Don’t forget to include potential points.

Once my house is fixed it is going to cause an issue for my neighbors house and potentially the next house after that.I am hoping that they will realize that this impacts the entire block and not just my house... 

A single member LLC would be a pass through to your own returns.You should consider speaking to an accountant or tax advisor to understand any potential consequences of such a move.I hope this thread helps you on your decision and good luck with your house hack!

For years we had a local chattel lender who took on higher risk loans for those without the large down, not super high credit, and on older homes.

I have a lot of interest in the boutique hotel space and have found an on-market property near me with huge potential and lower entry cost than any other deal in the area.