@Remo F. - I am also looking to do the same in the BedStuy, Bushwick, Crown Heights areas in Brooklyn - with the exception of renovating as I do not have the skillset or time. 

radiusInpu...Then I'll use the Redfin "Map Nearby Homes" tool to start picking out possible homes.https://www.redfin.com/city/10940/CA/Long-Beach/fi...And then Zillow has a "price this home" tool where it picks out options and then you pick comps based on distance, condition, and some other elements that you don't necessarily want to leave to a computer:http://www.zillow.com/pricing/home_facts/?

Chaim F  I have a couple of 6 families in Brooklyn as well.

I'm not sure but I believe she can quit claim the property to you and take over the payments until you decide to to re-fi after you do the re-hab. 

Your realtor should tell you what’s going to happen fi they don’t sign but certainly you don’t have to give them a discount or a check if they don’t sign it.

so what is your query - do you want to re-fi it and reinvest?

I’d like to leave the first mortgage in place and re-fi just the HELOC.

The method that currently works (as of this post, not as of you future-people reading this 4 years from now in the sci fi future year of 2021 when you have flying cars and the like), which is basically to make it fall under FNMA D.F.E. as technically an "all cash" (but actually financed) purchase in order to skip the 6-12 months seasoning requirement and compress it down to 1-2 months to recoup your capital while still getting an Agency 30YF mortgage, might not be around two years from now, and it was likely a different trick that worked back in the first podcast wherein someone invented the term BRRRR years and years ago (BRRRR wasn't new, but the name was, and outside of BP the term is regarded as a sort of quirky BP-ism, and one of the ways that BPers flag themselves to the old-timers).At the end of the day, the Golden Rule applies: she who has the gold, makes the rules.

@Khari F. I

My goal is FI no later than 60.