You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

Using a HELOC for the down payment on the second home might be an option, but lenders may require you to wait a few months post-closing on the multi-family before approving new loans.The BRRRR-style approach could work if you can renovate and refinance quickly, but make sure the timeline aligns with your lender’s requirements.

If your rate is higher than institutional rates - they'll be incentivized to refinance when possible. 

Could you do a cash out refinance of that property and rent it as well, or are you planning on selling? 

I’m wondering if we don’t pull permits for the breezeway addition when we go to refinance will we be able to include it as heated and cooled sqft.

You can still achieve it, but finding deals that actually pencil out on all criteria (low enough purchase price, low enough renovation cost, cash flows on the backend, all cash out at refinance) is pretty hard.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

They can help refine your repair estimates and ensure your assumptions are realistic.

I’m still refining my approach there, but having the right team in place is one of the biggest keys to scaling sustainably.Definitely looking forward to staying in touch and exchanging ideas as we both grow in this space.

"To sum it up, your software is not nearly refined enough to be a paid service.