One buddy had to wait two years before he was allowed to open up another credit card with them, a couple others had to only wait one year.

That’s why I’ve decided to dive into the real estate investment (REI) space now, rather than waiting until after graduation.Currently, I’m studying for my real estate agent license in New Jersey, which is my home state.

So, wait until you buy another primary residence first using the 5% down Conventional, and THEN do the streamline refi on your existing property as an investment property.

If there are no improvements, you will need to wait at least 90 days. 

interest rates rose and peaked they are slowly retreating.I think the impact right this minute is buyers still not moving forward right now as they feel rates will drop in the next 6 to 9 mnths so they are going to wait to purchase then.. so in my mind its going to still be a little slow for a while.

if you wait to take cash out or save it you are going to be waiting for home prices to rocket up in sale price.Mortgage rates are dropping and will continue to drop into next year so that means a few things. 

You can end up in an odd spot where these previously disallowed losses are disallowed nearly permanently until either a) you are no longer a real estate professional and you un-aggregate your rentals or b) every single one of your rental activities is disposed of.I have one client right now with some material passive activity loss carryforwards, that the decision was made to wait to make the REPS related election until they utilize these loss carryforwards, so they don't become trapped. 

I just didn’t know how to do that research until today with the help of you guys, and also I have spoken to the lender I’m closing on the property with initially and he told me to wait about 6 months and we can start talking about HELOC from there 

That 50 number is arbitraryStepping up to Buildium may be something you want to do after 10 units, or wait until you have 100.  

If not, I suggest waiting until you do.If you use up all of your equity on your current home, rent it, and then need a new roof or boiler, your attempt at your first door will go sour.