Updated almost 6 years ago on . Most recent reply
Have you ever remodeled a home while tenants staying in home?
I recently purchased three homes on the same street that have seasoned tenants. 3, 6, and 8 years. Current month to month. I used hard money to purchase through a wholesaler and over paid for sure. I have about 80k of capital in the homes already. Originally I wanted to BRRRR but wondering if it's possible or wise to keep current tenants and remodel while they are still paying rent. Keeps costs down, I can't take extra time on remodeling because HM interest isn't killing me, and I have tenants day 1 after rehab. Thoughts?