Purchased in 2020 with a conventional loan, 20% down to get a 3.5% interest rate for 15yrs. 1 year later I refinanced for 30 years at 2.875%, took my equity out and now it's renting for $1400/month.

Quote from @Steve Tokita: I am an out-of-state investor living 1500 miles away from three properties that I am currently renovating to rent or to flip. 

What made you interested in investing in this type of deal?

Feel free to reach out—I'm excited to be of assistance and learn with all of you!

Hello Yuki, Interested in knowing what was your experience.

This experienent has no "memory".

Quote from @Ken M.: Quote from @Jose Alonsoo: Good after noon real state family.I have an opportunity to but a sub to property right now.

Not sure if they called off the sign, or if they still have the listing up on their phone and find the number to call from there. 

As you're just starting out in Austin, focus on learning the local market, particularly areas with good rental demand and lower entry prices.

Hi Landell, just saw your post from a while back.