.- I have not done a brrrr since the rates increased in early 2022 because in my market they bleed cash after I perform a refi to extract some of the value add

Bought in 1999 for 120k. 7.5% interest rate with pointsRents when purcashed: 500 and 600 - Total 1100/m80% of 120k at 7.5% = $671/m (Just mortgage payment - no Insurance and taxes included)Today:Property is worth 560kRents are 2000 and 2200 - Total 4200/m4 years left of payments.Rent increased almost 4x and value almost 5x2.

My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity.

YoY is up 6%.Rentals - Availability by MonthThe number of homes for rent remained flat MoM.Rentals - Median Time to RentThe median time to rent increased Month over Month from 22 days in August to 27 days in September.

We plan to remove the carpet next year and install LVF to increase property's value and potentially bump the rent. 

These will take some cash to get up and running.Maybe look for properties that are a little higher cap rate AND might have some room for rent increases or ADUs or some other way to boost income.

Watch a few youtube videos on increasing your credit score quickly.

We can possibly increase leverage to 85/100 starting with your second deal. 90/100 comes after 3-5 exits.

I rent two of those by the room to increase my profits. 

Do not refinance a primary residence for this because you will be increasing your payments, but not getting anything for it unless the investment you purchase is giving you such a great return that it doesn't make sense not to do it.I have used HELOCs on both my primary and investment properties (when I could get them) as short-term debt.