And I didn’t even see it coming.One of my rentals had an urgent repair.

@Dominic EberhardtHey Dominic, partnering with your grandmother makes sense since the mortgage stays in her name and you can use your savings for repairs.

Quote from @Syed Ahmed: Glad you’re jumping back in Your background and licenses make tackling repairs, flips, or spec builds much easier.

I’m a carpenter I have skills in demolition, hanging and repairing drywall, light plumbing,light electrical installation, installing windows, installing doors, finishing trim, vinyl flooring.

I’m a carpenter I have skills in demolition, hanging and repairing drywall, light plumbing,light electrical installation, installing windows, installing doors, finishing trim, vinyl flooring.

And it is getting less frequent with each version that changes are needed from what ChatGPT came up with if using a sufficiently detailed and limiting prompt.

You can also do private money acquisitions with or someone private, commercial banks/lenders can do construction loans if places need rehab & fund the project on after repair value / appraised value.I'd recommend local options, but I can recommend a mortgage broker if need?

You'll learn many things like the cost of ownership through maintenance, repairs, leasing, and managing tenants.

By adding a bathroom, repairing the foundation, adding HVAC, upgrading everything else.

If you are doing a live in flip and can do it knowing you will be refinancing no earlier than 12 months and can cover the HELOC, mortgage, expenses of flipping and any other items that come up (repairs to the other unit, and vacancy) you will be good.