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I am interested in using my current primary residence as my first step into building a rental portfolio as it is on a good trajectory of increasing value and I have a desire to relocate to another area. I am consideri...
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Hello BP Community,
I live in Reno/Sparks Nevada. I have a detached garage that I want to convert into an additional dwelling unit aka Granny Unit. The goal being to create a stand alone studio that I can rent ou...
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I am currently in the market to buy my first house hack in Charleston, SC. I am looking for creative ways to add value to a property and have seen a number of posts on converting garages/attics into bedrooms. I am won...
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Hey everyone!
I am curious about the costs and pitfalls of converting a large open space (2 floors/13,000 sq ft each) of meeting space into office space for lease. The price on the building is very cheap, but that i...
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Hello BP,Recently, I've been introduced to the idea of converting a garage into an additional bedroom. Upon first hearing this, I thought this would be an amazing idea to increase cash flow to a property, especially i...
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Hi BP Community,I am relocating for a new job opportunity. My wife and I decided to rent our current home instead of sell. We found (or they found us) a young family who will be renting for the next few months and the...
Hey all! Just a noob so please bear with me! In the process of purchasing a 5 plex older home. We will use traditional commercial financing to make the deal work (5 year balloon). My question is, with the impendin...
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I have a question and I'm not sure if anyone has done this before. I am currently using my VA loan on the home I live in but I would like to move it to another property that I will live in and keep this one as a renta...
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I am in the process of purchasing a property that is legally a 2 unit but functions and is listed like a 3 unit. What's the process/time frame of converting a 2 unit to a 3 unit if the owner is selling the property a...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $231,000
Cash invested: $4,000
0% down VA loan. Currently house hacking and planning on doing a re-fi in order to g...