Breaking Even & Potential Cash Flow•Your goal of breaking even in Year 1 is very achievable, especially with a 5% down payment and PMI removal via renovations.

Highly suggest checking out the local meetup events:  https://www.biggerpockets.com/forums/521-real-estate-events-...What are your goals for 2025?

Compare Loan Terms – Ensure their rates, fees, and terms align with your investment goals by getting multiple quotes from other lenders. 3.

Since then, we've analyzed at least 75 deals across multiple markets, developed our buy box, and choose a strategy that aligns with our goals.

My spouse and I moved to Ohio last year and we're currently renting in Akron, with the goal to househack by the end of the lease, or sooner if we find the right property.

An out of state turnkey option would be easy to do in parallel with this since a true turnkey option should not take much, if any effort other than selecting the right team in a market that can help you reach your goals. 

The goal is to rent & refi.

Either way, I think you’re thinking about this the right way—it’s just about making sure the numbers align with your long-term goals.

My goal is collect income from the property and I expect the value of the property to rise as well over the next few years.

What’s your primary goal for the cash-out refinance?