This approach seemed ideal given my demanding schedule.

I’m currently being put on my parents feed.Now, I want to get a loan to pay off their balance $45k, get a lower interest rate (and yes it would be lower, believe it or not theirs is 9% and has been for years) and pull money out for some debt at this point I only want to pull out $20k.Obviously, there is equity.What’s the best loan for this?

Can I self manage this property and still get a refinance?

How did you find this deal and how did you negotiate it?

Landlors should have been documenting the before/after condition with photos this entire time.

What made you interested in investing in this type of deal?

I calculated this one as a potential fix and flip and making it a 2-3 room home at a little over 900 sq ft..

During this, we've made some friends with folks who, rather than allow us to rent their unit, would prefer that we manage their property for a fee.

What made you interested in investing in this type of deal?

Since April of this year, they have consistently been paying rent late in partial payments.