I recently received my EQ policy renewal for a four family building in STL.

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

Another student rental that has a mortage of 900k me and my wife live here on a private floor. thrid property is also another rental ( duplex w a mortage of 390k ) was fully rented but tenant upstairs has moved out a year ago so I decided to renovated to do short term rental added in 2 ensuite rooms.

My wife and I did this on our own.

My husband and I have been investing in real estate in the East Texas/Longview area for about 8 years.

Lots of old houses valuing over 500k and up to 1M (local house price in my market is 167k).

I would check on this website on the find an agent feature or search Zillow for teams/agents in your area doing 25 or more deals a year.  

Most don't understand taxes:  For example, a girl with purple hair at my credit union did not understand depreciation, and I did not get into Cost Seg with her because she really would not understand that. 

My 3 bedroom 2 bath home is paid off.

My goal would be to purchase the property, make cosmetic upgrades to the lower unit (3BR/1BA) and get that rented out ASAP so I can get some income going while I finish up larger projects like the roof and upgrading the upper unit.