Purchase price: $185,000 Cash invested: $23,000 Sale price: $325,000SFH bought with intention to do a live in flip and house hacked roughly $15kHow did you finance this deal?

Even if I lose some money on this, i've learned an unfathomable amount for living through it.

NYC is a high-cost-of-living (HCOL) city, like LA and SF - you won't get cashflow here for the first few years even if you come up with a 20-30% down payment and buy a decent multifam.

The South’s Best Cities On The Rise 2024By Southern Living EditorsUpdated on March 6, 2024PHOTO: LISA CORSONAccording to the U.S.

I also have equity in the home I live in (no longer paying rent). 

Provide the tenant with a legal notice that no unauthorized occupants can be living in the property.

Its that beacon we look forward to, we take a moment from our busy lives and enjoy a day dream of what's coming.  

People are looking to live smaller or some are being forced to live smaller, hence the insane growth in apartments and storages.

Hi @Chris Grenzig, I am in the process of installing LVP in the living room/kitchen of my 2nd floor condo, 1985 woodframe construction, plywood subfloor. 

. #1 - Charleston, SC area - Worth: ~800k / Balance on mortgage: $230k / Excellent rental history 5y+ @ $3,300/month / Divorce buyout #2 - Syracuse NY area - Worth: ~600k / Balance on mortgage: $185k / No rental history (just inherited with brother) but in a desirable area so local realtors say it will rent easily in the $2,000-$2,500 range / Brother is partner#3 - Kansas City, MO - Worth: ~200k / Balance on mortgage: $100k / Excellent rental history 4y+ @ $1,200/month / Divorce buyout First choice is to pay off partners in a clean lump sum now (one wants to buy ASAP in another market, the other wants to build ASAP), but I'm open to brainstorming for options.I live in Portland OR and rent my primary address.