After buying this house, I partnered with others to invest in a duplex in the Wichita area.At the moment, I’m living in Tennessee, and I’m weighing two options: either selling my house and using the proceeds to buy a duplex in Overland Park or Wichita with my partners, or keeping the house for another 3 years, transferring it to our LLC, and renting out the entire property to maximize its rental potential ( $1400-$1600 ) I currently owe $200k on the property with a 6.5% interest rate, and my monthly payment is between ($1,700-$1800).

Just remember, you can't close on the replacement property before selling your current one.Qualified Intermediary RecommendationsFor intermediaries, I'd recommend starting with some highly-rated national firms.

Beware that they advertise interest rates in the 2 - 4% range while the real rate is more in the 10 - 20% range.e.

Besides the failure rate, wholesaling is legal when done right, but most programs teach you to practice real estate without a license which can get you in trouble. 

I think it really depends on if you are able to increase that cap rate with value-adds post acquisition.

Lastly, while birth rates are declining the # of pet households is increasing.   

As soon as interest rates or your personal situation are favorable you can then refinance at any time and eliminate the hard money lender.

If you are concerned it will be too hard to find a renter, lower the price and rent it for three months, then place a new tenant at the higher rate after winter.

Second - a DSCR 30 year fixed perm loan to refi the hard money loan and hold onto long term.What others have replied to is completely accurate - it is hard to accomplish BRRRRs right now due to the DSCR refi constraints (interest rates, LTVs and seasoning periods), however, not impossible.

LTRs that cash flow at the current rates are hard to find.