I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

I currently live in Colorado and I have run into a huge obstacle preventing me from being approved to buy out of state. 

I run local free networking meetups at backyard brewery in Manchester, as well as Tour in Portsmouth, NH.

I have a list of the appropriate people/systems to service the property, so hiring a property management company does not make sense financially.My question is, has anyone else run into this issue?

Most of their sub groups will run 20-40 folks and their main meeting is 80-100.

Run the numbers on both options and go with the one that builds long-term cash flow while keeping you financially comfortable.Good luck!

Also getting your STR up and running will take a few months due to local regulations but once passed the paperwork portion the regulations are quite favorable.For more information: https://www.discoverfrontroyal.com/Luray/Page CountyThe Town of Luray is located approximately 90 miles west of Washington D.C. and 25 miles south of Front Royal.

You can likely withdrawal more than 4% without having any concerns of running out of money.

I work full time in IT and my wife runs her own Interior Design business.

.✅ Tracking & optimization – They don’t just run marketing campaigns—they analyze what works and double down.✅ Building relationships – The best investors don’t just focus on transactions.