How Can I Use Equity To Upgrade Home
interior-designy.com
How Can I Use Equity To Upgrade Home
How Can I Use Equity To Upgrade Home
2 months ago
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Why I’m doing this: Right now this is one property, one title, worth about $1,000,000. First I turn it into a dual occupancy. Then I strata title it so it becomes a duplex with two separate titles. That turns it into: One side worth about $700,000 The other side worth about $750,000 Same land. Same buildings. But now it’s worth about $1.45M instead of $1.0M. That extra $450,000 isn’t “profit” I take it’s equity I create. I can then borrow against that equity and use it as deposits to buy more pr
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1K views
Why I’m doing this: Right now this is one property, one title, worth about
simonmcfadyenproperty
Want to lower your mortgage, build equity faster, and boost your monthly cash flow? 💰 House hacking may be your new best friend. In this episode, Kiki the Property Dominator and her client Tabitha break down house hacking in a simple, real-world way - no fluff, no hype. Whether it’s renting out a basement, splitting your space with roommates, or buying a property with multiple units, Kiki explains how home buyers and homeowners are turning smart strategy into serious financial growth. Click her
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