With that kind of equity you would be to find a newer, nicely performing Quad in a market that is appreciating. 

In high barrier markets, rents have gotten stronger but not the double digit growth we had seen, which was an anomaly.  

The market is ALWAYS changing but I know at this time, seasoned investors are getting 80% LTV on DSCR in the 6% range and 90% of PP/100% of renovation if total loan does not exceed 75% of ARV for FixNFlip loans. =)  

An existing duplex provides immediate rental income and proven market comparables, reducing risk.

Marketing to a bigger market of Buyers What was the outcome?

Market Fluctuations – What if appreciation stalls, or rates rise, impacting your refi strategy?

It's nice to hear from an investor who is doing the same thing in the same market. 

If you’re in a market where you have to spend money on roofs, or exterior paint that’s ctainly you can save up for.

I am looking at possibly investing there again as the Atlanta market is saturated.

Hey Paul, I've done a few of these with buyers moving money from California to the Detroit market.