Investment Info:Single-family residence fix & flip investment in Austin.

I thought about refinancing the primary residence to a fixed-rate mortgage to pay back the HELOC and paying down the HELOC early.

If you are, I recommend buying a small multifamily and house hack to reduce your largest living expense while building equity.I recommend talking to a lender (i can connect you with one) about the income fluctuation and see how much you can qualify.Your best bet is to get a owner occupied loan with 30 yr fixed rate.

My name is Meredith Young and I am currently a real estate agent in Athens GA, but it has always been my dream to build a fix and flip business!  

Most of my clients that invest in Jax are mainly doing fix and flips.

Be sure to max out your contributions if you work for a company that offers 401(k) matching.

Over-inflating the purchase price to account for closing costs could be seen as fraud or could trigger issues with the loan approval, especially if the appraised value doesn’t match the inflated price.

The way to read "5/25, 10 years maturity" is that the rate is fixed for 5 years, the payment is calculated on a 25 year amortization, and there's a balloon payment due at the 10 year mark. 

You need to meet more real investors to match the overviews you are getting from books.

The card has less mechanical fixes, but more usage fixes and costs more, but I think does better long-term since they can load the amount they want.I also agree with @Luan Oliveira in that the best thing that you can do in any small multi is to set laundry days in advance, every other day.