How much equity do you have? Take out a HELOC and invest that money with a hard money lender. The difference is increased cashflow.
Can you expand (add additional bedrooms?) Build an additional building? (detached garage w/ apartment upstairs) - - run the numbers and see if this would improve cashflow. you can work as the GC on the project - - adding to your equity (and helping the resulting cashflow)
What is the lot worth w/out the house?
Offer a lease/option. This can sometimes mean higher rents and lower maintenance expense.
Can you expand (add additional bedrooms?) Build an additional building? (detached garage w/ apartment upstairs) - - run the numbers and see if this would improve cashflow. you can work as the GC on the project - - adding to your equity (and helping the resulting cashflow)
What is the lot worth w/out the house?
Offer a lease/option. This can sometimes mean higher rents and lower maintenance expense.
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