All Forum Posts by: Brandon Tran

I just bought a new house and I’m in a bit of a predicament. I’m trying to redo my floors because they are outdated but the hardwood is in good condition just want to refinish them a different color. But I just found out my living room space has laminate flooring because the previous owners had carpet there before and they didn’t replace it with hardwood flooring which the whole main floor is made out of, they replaced it with laminate.

The whole main floor is 1500sq ft. I don’t know if I should just rip the whole main floor out and replace it with LVP or should I just figure out what hardwood I have, replace the living room laminate with hardwood and just start the refinishing process?

What is the most budget friendly option here?

@Stephen Brown this is great advice. I think I'm looking more into a SFH right now that's not too old but not the newest of the new so I can still do renovations to it. I will be in hopes of selling it probably in 2-4 years after.

@Jacques Ikolo I feel that, unfortunately those places are really far from where I work and it would be a huge drag to have to drive around an hour to work back and forth everyday once covid ends.

Hi,

I'm looking to buy my first property in Charlotte NC, the market here is so hot that a lot of multi-family properties are getting scooped up for way better offers than I can offer. A lot of MFH are going for 500k+ in my area plus most of them are not accepting FHA loans, they're wanting conventional 15-25%. Is buying my first property as a SFH going to slow down my time-line to financial freedom? I'm trying to go into Airbnb afterwards to build up hopeful cashflow in the future.

Currently working a 9-5 and hoping to quit that in possibly 2-3 years so I can spend time with my girlfriend and travel. Can anyone provide some advice or guidance because I feel like a lot of people have gone through this predicament and could tell me what they have learned.

Thanks,

Brandon