This is my first post.I want to ask away about investment employment versus joint venture. 

I would suggest you expand your network, talk to wholesalers, hard money lenders, FIND INVESTORS and create joint ventures.

At some point I may venture into multi-family if I find the right opportunity. 

We want to start rehabbing homes but we are starting our real estate ventures in wholesaling houses.

Welcome and good luck on your new ventures!!!

Good luck in all your future REI ventures.

I accidentally ventured into REI when we bought a new home in North Cal / Bay Area,  and rented out the previous one.

If you did refinance and your future lender required 75% LTV (worst case scenario) on your property that is worth $435K then you could 1) keep  your current home, 2) collect $61K in cash to pursue other investing/real estate ventures, and 3) your monthly payment on your new loan of $326K even in today's higher 4.6% rates for 30 year, would be @ $1,673/mo. without any PMI ------ This is still less then your current payment. 

We have not even found our first deal yet and are truly in the infancy stages of our venture.

@Chris Seveney I appreciate the info, where do you think I should start with this venture?