I’m especially interested in doing a house hack as my entry point into real estate.Excited to learn from everyone here, and hopefully bring some value to the community.

Or the market tanks and the value of the house goes down and that creates issues (selling at a loss, who brings money to the closing table, etc.

Assuming the renovations added enough value you may not need to bring anything to closing! 

But the owners want the money now and not have to wait or they would rather keep the rental property because they would bring in more than what my payments to them would bring.

Our current portfolio looks like this:LTR that is worth 150k with 65k of debt left on it at 3.65% on a 20 year loan - PITI = $785 per month - long term tenants paying $1650 per monthLTR that is valued at 110k with 45k of debt left on a 4%, 20 year loan - PITI = $583 per month - long term tenants paying $1550 per monthSTR that is valued at $275k with 155k of debt left on a 3.5%, 30 year loan - PITI = 1080 per month - brings in over 35k per year gross for the last three years.Would you do a cash out refinance on one of the properties to pull out some of the equity to pay off the $48k HELOC or would you sell one of the LTR properties to pay off the HELOC?

If everything goes right I will be able to refinance and will have created 25% equity, or I may end up having to bring $10-20k to the refinance to get the 75% LTV depending on the appraisal, but even if that's the case it's still a great deal.

This is where I think offices can succeed bringing people back, if there are things on site that benefit all tenants.

Now I'm registered with 15 companies and I'm bringing on my first REO listing.

With all this investment bringing in business, high-paying jobs, etc over the next few years it seems like it's a solid potential opportunity to get in.

I don't care if they bring in a couple kids, just wasn't sure how to handle it.