We considered using the cash out for buying a new multi unit property and using the greater income from that one to pay the remainder on this house  monthly but obviously that's not a great idea.  

There’s so much to learn in this space, and one of the best parts is exchanging ideas and experiences with fellow investors.Looking forward to seeing your insights and discussions here!

The idea is to expect a negative cash flow, however bank on the growth to achieve a good return.

I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

Also, qualitative ideas would be welcome just conceptually what we should do.

They have larger offices with more agents to network and learn from, training meetings, etc. 

I think that Chat GPT hilariously acknowledges, however, that if this person then goes on to run for governor of Colorado, then, despite their likely lack of time and attention to the money I put into the investment, that they are likely to put up phenomenal returns as a nice bonus of either being in office, or being a threat of attracting any meaningful percentage of the vote in that state before dropping out and endorsing an eventual winner.

I talk about Croatia and how far it’s come since we bought three years ago and how I love it more each year.If you are even semi interested in this idea too, I would love to have a chat with you and see if it is for you! 

Feel free to call my office and speak with me if you want to look deeper. 

Same applies for other broad asset classes (office, industrial, retail).