I flipped a condo in Washington DC and used the forced equity to purchase a buy, renovate, and hold property in Richmond.

We have recently partnered with Outsite.co, one of the largest coworking/coliving communities in the world to handle booking and management.The property itself has appreciated and we are watching the market to determine the best time to hold a capital event.

They sound like regular conversations where the RE professional/investor is genuinely interested in discovering the seller's pain points to help find a solution.All the best!

Chicago cap rates are lower then interest rates so what I see clients do is rehab to add a ton of equity/boost rents and then either just hold it or do a partial cash out to get back 1/3 or 1/2 the money in the deal which gives you a higher COC.

Upon calling a few banks, i am told that there is a minimum of 6 month holding period before I can do a cash out refi.

Screening tenants well and then a security deposit or credit card hold process in place will limit liability.

Investment Info:Single-family residence buy & hold investment.

Even including modest appreciation and equity pay down, the ROI is between 7% and 12% for a non passive holding (not good for an active holding)I can easily afford this level of negative, but do I want to?

Investment Info:Single-family residence buy & hold investment.

Investment Info:Small multi-family (2-4 units) buy & hold investment.