build a triplex and think outside your market. you can take that and build over and over and if you build with resale and exit and equity in mind you'll be able to find locations where the new build value is enough to pull equity out and cash flow as well at the 1% rule.

Just need to talk to a few more seasoned bankers or investors before taking the leap and having your credit pulled more than 2-3 times.  

Would like to add some value for “subject to improvement” appraisal to pull equity.  

My advice is to pull your own credit scores so you know what your own FICO is, and ask the local (to the property) credit unions. 

The plan is to Refinance after a year, applying what is pulled out, back to the mostgage to pay it off as quick as posble.

If you want to keep the property as a rental, you can pull cash out on the new appraised value with a DSCR refinance loan if it's been 3 months since when you last purchased or financed.

If I’m able to get an offer accepted at below 150, say 130 or 140, and put 20% down, would I be able to pull my money out of it @ the 80% after the appraisal?

Im a Realtor too so I just pulled in the driveway and talked directly to the owner and it took a few months but I was able to keep in contact and work out a deal.I learned A LOT about the importance of vetting any professional/contractor (and verifying any proof they provide) before they start any work.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

If I’m able to get an offer accepted at below 150, say 130 or 140, and put 20% down, would I be able to pull my money out of it @ the 80% after the appraisal?