Cash out would take me from a 7.25% rate to 8%, which is a few hundred dollars per month, and they will likely make me wait all through March to do the cash out to meet seasoning which is another $2400 interest payment I could avoid if we could refi by the end of this month.

Either way, the property will cash flow like crazy once my unit is rented.I have enough capital to get into a bigger property with low money down and am seriously considering a triplex or fourplex for the next one.Here’s the issue: My lender (local bank) says I need to be fully moved out and have a lease in place before they’ll proceed with my loan.

We have already remodeled  the kitchens, updated plumbing, worked on the septic, insulated the attic, painted, etc.

Here's the question.

Drive around your area and find homes that are currently being remodeled (big dumpster outside, several crews/contractors) get out of the car and see if the investor is there if not talk to guy in charge and network with them. 

I got job offer at the shipyard in Maine kittery and I want to  invest into a multifamily house in New Hampshire or Maine I'm new to all this I'm 26 years old  

Next, you need to start tracking your expenses.

I have house hacked and it was awesome for the most part.

So inventory in the DMV is almost half what today what it was during the highest inventory month of 2024.

I wish there were a hundred of these on the market.