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May 16, 2024
10:24
:17
am
johnnybyu
All-American
This changes things if it can be legally rented out with a non owner occupant
then a basement can add significant value. I would make sure it really can be rented out if the primary owner is not living there.
This message has been modified
Originally posted on May 16, 2024 at 10:24:17am
Message modified by johnnybyu on May 16, 2024 at 10:24:47am
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johnnybyu
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johnnybyu
Joined
Jun 6, 2002
Last login
Jun 5, 2024
Total posts
14,908 (1 FO)
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Messages
Author
Time
Looking for advice on potential move / HELOC on our current house
TouchdownCougars
May 16, 9:45am
Basement can add value for sale. But how much will it impact monthly rent
cougarfann888
May 16, 9:48am
Do the heloc for your basement.
molodyets
May 16, 9:49am
There would be potential for it to be a second unit, yes
TouchdownCougars
May 16, 9:52am
And to further elaborate…
TouchdownCougars
May 16, 9:58am
I would start on the basement asap then. Getting a heloc is quick
molodyets
May 16, 10:02am
This changes things if it can be legally rented out with a non owner occupant
johnnybyu
May 16, 10:24am
I wouldn’t put a cent more into the home you’re going to rent and
cougfanz
May 16, 10:02am
I lean no on basement? How much will it increase in rent? It will get flooded
johnnybyu
May 16, 10:21am
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