You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile.

(ie. find the value of adding a 3rd BR and find the value of extra SF)-You could estimate the rent premium of the 3rd BR.

Example: in an area with 3 bed/1 bath places as the norm, you'd want to find a place in the house to put an extra 1/2 bath.

If you have one extra dollar that you don't need to live on, it belongs to the former tenant.

It certainly would be a plus to get the extra time added on for repairs without making payments on the carry back.

An extra bonus is they will let me refinance as soon as the rehab is done to get my cash back out of properties and go to the next deal.So I would encourage you to find a local/ regional bank that will do the conventional mortgages to start with and then possibly switch you to portfolio loans.

I don't do much with it at all but I'm thinking I want to use it to make a little extra cash to get myself out of some dumb debt.

A lot of them apparently take advantage of new investors, so you really need to do extra due diligence when working with them.

But the people inquiring with me were either newbies or people just looking for a little extra cash flow.

You can click on the ‘vote’ button if you like someone's post or is helpful, and there are ‘awards’ to earn on your profile.