@Tegan Lehman Just checking...typically I see a lot of folks get fired up over BRRRR from spending too much time on BP, acquiring deals at close to value with a conventional loan, getting killed on the appraisal, realizing their re-fi costs are $6,000, and wondering why their investment career ended on their first deal...But it sounds like you are on the right track...and true, your reno team is key.

After I finish off these Re-Fi....

My wife and i have been on our FI journey thanks to Bigger Pockets and it has been as rough as I’m sure anyone starting out in anything should experience.

You can keep one completely paid off and use the other one for a re-fi/HELOC to obtain two properties in a good market, making cash flow even more.

The cashflow possible when renting by room to students is high, and that is what I need for stage one of my FI journey.

I do know that to reach my goal of FI, it would benefit me to scale up into MFH. 

@Colleen F. I

Harder to re-fi than I expected.

Our Real Estate Team, The Fi Team, specializes in helping clients find their perfect "house hack"/investment property.  

This is also a position for B of A to get more business due to the slow down on purchase/re-fi business they are trying to put more products out there to increase their top and bottom line.