Investment property (not primary residence)So it depends on the type of financing.

Since then New Western has became the fastest growing real estate wholesaler in the country.

That’s how you lose real money.

Neither your idea nor turnkey real estate is bad. 

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.

I got started in real estate investing by house hacking myself as well!

Based out of Salt Lake City and looking to do multi-state investments in real estate by flipping or renting. 

If you want crappy real estate advice from and idiot call Dave Ramsey and tell him he won't ask any questions and tell you to sell your rental and move into your mothers basement.   

Knowing how much you still owe will help figure out the real cost of losing that low rate.Also, when it comes to borrowing the additional $170K, it’s key to know what kind of returns you’re expecting to make on that money.