I could move that equity into other projects, including properties that would rent for more efficient rates (rentals in the 3/2 to 4/2 2000sf range here tend to go for about $2200-2400/mo).

I’m taking over a property in Subject To form.

Hi everyone, I’m currently in the process of managing a property and have some questions regarding the do’s and dont’s about fireplaces and hot tubs.

The upside is I can manage the renovation much easier, and for my first reno, it will be much easier to have a local property. 

Hi I am new to property managing. 

-Do I first set up a holding company to own all future LLC’s for each property?

If you cash out equity in a property, you are "borrowing" that money from the lender.

Thanks I'm a broker on Cape Cod (Berkshire Hathaway Homeservices Robert Paul Properties teamcoker.robertpaul.com) Besides the HOA fees, Points of consideration for Condos are also: #units, rules, location, amenities inside the complex and out, parking.

We don't have a seasoning period for cashout refinances as long as the property has documented value added.

It sounds like you're on the right path, learning from mentors and connecting with like-minded individuals.As you look to move into buy-and-hold strategies, particularly with multifamily properties and commercial apartments, I wanted to extend an offer.