It provides us with the flexibility we need to start renovations at a time when we have financial and plans set, ultimately increasing the property's value and appeal for future long-term tenants.Our decision is not just about financial gain; it's about providing immediate assistance to those in need, with the understanding that this approach also serves our long-term objectives.

Property is worth about 600k market value. 

Zillow is not always the best indicator of market value. 

It boils down to this: how much do you value your time?

How did you add value to the deal?

I know the commercial building sell price is related to lease value too.

Well folks your going to be hearing a lot of these stories, thanks to Pace while he is making money on membership fees and selling his book, it’s funny to me how people take this to face value.

Once conversion is complete we will reappraise the value of the home to (hopefully) get rid of the PMI. 

Hi there,Me and my two partners are growing our buy/hold portfolio in Jackson MS, but are looking to take cash out of our current rentals so that we can invest into new properties. 4 of the 5 purchases were in 2023, so we're fairly young in our journey.Issue that we're running into is that most lenders tell us that the value of our houses are too low.

Look at the trends for values in the neighborhoods you are investing in - you need to buy in areas that are trending up, looking better maintained, improving.3.