Speak with a lender now to understand your options and start building a plan.

They usually sell for a really attractive price because investment property financing is (obviously) difficult, somewhat limiting the buyer pool to owner-operator small business owners (who in turn are typically great clients, as well).  

"-  Section 8 rentals typically follow a purchase and rehab project. 

@Polat Caglayan The majority of investors who become involved in the section 8 program do so because they purchase lousy real estate and leasing the units to section 8 tenants is the best option on the table.

Another option would be to sell, reinvest into a house hack and use the excess on a deal.

There is a processing fee if you choose the credit card option, but a direct ACH has no additional charges.

Quote from @Dean Sexton: There are benefits to both options.

typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt. 

I’ve realized I need more passive options, and have moved to a syndication and private lending.

I do want liquidity to invest elsewhere which is why I'd like the cash back from the reno ASAP, but I don't need liquidity equal to the value of the house--just the basement build-out, if possible.With option #3--how do you "cash out immediately"?