If it was me, I would pay off the proeprty because its at 6% + rate which for a stock to achieve that with taxes I would need 9-10% so for me I would not take the risk of the market and just pay off the home. 

It seems I would need to submit around 100 offers just to achieve a potential engagement of 2% to 5%, with no guarantee of closing any deals.Thank you for your response, I definitely appreciate it.

Each step brings you closer to achieving your dreams, and with careful planning and perseverance, you’re sure to find success on your real estate journey.

With the numbers you shared, flipping could be a solid move: buying at $465K, investing $200K in rehab, and targeting an $825K ARV.

You need to target recent or currently in bankruptcy, has liens on the prop,  just had a medical event, or is late on some payment 30-60=90 days late. 

House hacking could be a smart way to achieve both eventually!

Thieves will skip over yours and look for an easier target.

It’s crucial for me to achieve a favorable appraisal, as my estimates place me comfortably below 80% loan-to-value.

Think about your target strategies, like short-term or long-term rentals, and whether you're looking for financing options to expand your portfolio.

Hi Alex, welcome to the community and the San Diego region.How do you plan on targeting your leads?