As I stated above I have use HELOC funds as a bridge strategy but that is really it.If you have more questions hit me up and I would be happy to discuss these options in more detail. 

If you ever want to connect, discuss strategies, or get more tailored advice, feel free to reach out.

That duplex sounds like it has some potential, especially with your plan to live in one side and rent out the other—that’s a solid strategy.

Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

We have found that a strategy that many thinks solves for some problems. 

Hello @Yooni Choi,While managing an out-of-state rental property yourself might seem like a money-saving strategy, the reality is much more complex.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where I think we are in the real estate cycles (financial and physical market cycles)b) Then and only then do I pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

My strategy would then be to lease at least two of the renovated units, increasing occupancy to 90%, which could improve the chances of securing favorable terms for refinancing.I haven't pitched it to the seller yet.

Look at their marketing strategy.

Leveraging seller financing creatively, with strategies like stepdown interest rates or unique amortization schedules, could be the key to bridging the gap until the property reaches its full income potential.