(I have a background in engineering and experience with rehabs.)It's right at the top of what I can qualify for on a personal mortgage but when I add in other revenue generating opportunities things quickly change.Before my wife and I jump into this I'd like to reach out to the experts. 

The bill, introduced by Assemblyman Isaac Bryan (D-Los Angeles), would require local governments to update hazard mitigation plans to address extreme heat by January 1, 2028.CAA’s concerns center around the potential for costly retrofitting mandates, particularly for older buildings not equipped for modern HVAC systems.

Keeping it might be beneficial if it continues appreciating and generating cash flow.

I am buying all my LTRs with cash that is generated from my other rental income.STR'S for me are high end vacation rentals and I use mortgages for these.

With such a low interest rate, you’re looking at a prime opportunity to generate positive cash flow once rented, even if the market dips slightly.

Whats up everyone, how are you generating leads right now?

It was my first real career (after series 7 licensed securities broker) and I was usually dealing with investors from the previous generation. 

Never bought a home before and want to use the advantages of that to buy my first property that can hopefully generate cash flow.

I specialize in lead generation for agents and wholesalers, and I’m here to learn and share strategies

This creates two loan payments ($100,000 of equity and $300,000 on the new mortgage).Key NumbersHome Equity Loan Interest Rate: 6%Mortgage Interest Rate: 7%Rental Income: $3,000 per monthExpenses (management, taxes, insurance, maintenance): $800 per monthIncome and ExpensesMonthly Rental Income: $3,000Monthly Expenses: $800Monthly Mortgage Payment: $2,000ExplanationThe investor earns $3,000 in rent each month.They pay $2,000 on the investment property mortgage and $800 on other expenses.This leaves $200 profit each month or $2,400 per year.However, you have to pay $6,000 interest on the equity borrowed.This leaves you with an annual loss of $3,600.This example shows that while the rental property generates positive monthly income, the interest cost of borrowing the initial $100,000 results in an overall annual loss.