Full cash-out refi after 6 months Lessons learned?

I learned this the hard way personally and had to get mine repaired.

this property is a great investment, cashflows about $350 a month Lessons learned?

The risk is too great.Overall, I recommend revising your lease to include less arbitrary language to set clearer expectations and make it more enforceable in court.Feel free to reach out directly with any questions. 

After a rough first year where I lost money for 8 months followed by another 4 months of learning how to self manage remotely, I had a great 13th-25th months where we have kept the placed booked, kept it profitable, and largely reinvested into the property.Here is the question though-  to buy the first property, my wife and I used a HELOC on our primary and used that for the downpayment on a new property,  for the furniture, appliances, etc, and all of the other little costs that go into getting going.  

Lessons learned?

I’m so excited to be here and learn from all of you.

Try to learn.  

Set it up so they can give you their name and email address so you can contact them in the future to learn more about their property.Create Facebook and YouTube Videos about Your Real Estate Investing BusinessLastly, having a presence on YouTube and Facebook Live video will definitely get you in front of the right audience.

Instead of rushing to buy, go together to as many real estate investing meetups in your area and learn together for six months to a year before you figure out how to place money into the field.