I realized what might be a better way.Finish rehab.Cash out refinance both homes the max they will give meUse my newly released FHA to buy a 3rd duplex to house hack with a low down payment.Use extra funds (lets say $200k in this example) to purchase 2 $100k homes in local, less expensive markets like Waco, Temple, where we can achieve a 1% rule rent.$2k earned in rentContinue to pay down the ATX duplexes, hopefully continue to earn appreciation on their large home values and simply refinance every time we have $120k+ in equity and use to buy $100k single family home in full in a better market.

FYI there's also a burger store across the street (Carr's Drive In) that is a drive in from the '50s with a HUGE lot and I was thinking he could lease the 5 closest parking spots to his property if necessary. 3.

(Meaning more flights in and out of Everett than originally anticipated).There's a local meetup in Marysville, WA at the Bob's burgers.

Hit me up with a PM and we’ll have a burger or something. 

Hi Nik,He may be worried about Tenant Synergy.By Synergy I mean Tenant Mix:Shopping center A has a Big Grocery Store, and a Burger King, and a Pet Smart.Shopping center B has a Storage facility, a Burger King and a Pet Smart.All else being equal, which Burger King will probably have more sales and be more likely to continue with their lease there?

@Terry Burger Hey Terry, I’m using my own money, you’re right, why saving a few hundred but putting me in a big risk

Reading about the 70% rule, but am interested if this really works for some on here.  For an easy example I'm looking at a smaller home for a quick turn around that is asking $74,500.00  The after repair value is goin...

I took a commercial real estate class at NC State back in the early 1990s and there was a section on "Burger King Marketing."

Based on it's current value ($189k), you won't be hitting the 1% rule (rents of $1700/month).

Why would anybody rent who could afford 2 percent of the value of the property? I can’t find any property even close