Please text me with the number on my signature line and can walk you through my configuration.   

Exit strategy = You may get an awesome rate on that DSCR, but what is the prepayment look like?

But this will depend on the area that you are buying in.

However, I am definitely looking for a value-add multifamily deal, but I am only interested in Florida right now.

➡️Underwrite deals with data-driven decision-making.

I've got about $525K in equity in the property, but lenders have told me that I cannot get a HELOC to access that equity for additional purchases because the duplex was financed as an investment - they have said TX law dictates that HELOC can only be used on primary residences.

It gives you one property that can potentially pay for itself while putting a roof over your head and giving you experience as a hands-on landlord.

If so- what would you rate your work effort (not afraid of work), and the time to close a first deal?

Yes, the more deals you do, that are profitable, the more money you make. 

Good morning fellow investors, I am about to break ground on my first development project which entails adding 7 units on a lot that already has 2 units on it.