A duplex could be a great compromise that lets you start small, build equity, and learn the ropes while mitigating some of the financial risks.

-Allows you to pull equity from the property to fund the rehab without stretching your finances.If you'd like, I can walk you through the details and answer any questions to see if it makes sense for your situation.

I have properties in Class B-A minus neighborhoods.Lets say i have 50 prospects over the course of 45 days. 40 of them will be an absolute waste of time5 might really like the property but are not the best qualified3 might be really qualified but might be looking for something else with some other ammenties2 will be solid candidates.This will be a far less favorable result In an area that is pushed by a lot of gurus/wholesalers.

I have had investors pull equity from their homes in the phoenix area to buy cash flowing properties in Fayetteville and similar areas, because the price growth in the phoenix area generates amazing returns.It depends on if you want cashflow now or delayed gratification later.

For context, I am working on a passive investing platform with no cash-flow and emphasis on equity growth.

If the leases end up in the realm of where we believe they will the value of the building will go up a good amount and we will have close to 1 million in equity.  

If you prefer to stay local and build equity, house hacking a duplex or triplex in Fort Lauderdale could work, especially if you can add an STR component to boost income.

I did a cash out refi on my principal residence at a much lower rate and paid it off.Now I plan on using the equity for more purchases.What? 

Some will sell SubTo for full price, if you give them cash for their equity.

Yes, I’m a fan of harvesting the equity built up in properties.