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...
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...
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...
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...
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...
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...
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...
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...