We are looking to building some fourplexes in the near future in the area - when you say expand your portfolio - what are you looking for ?

- Regardless of sale now or a 1031 sale in future years, I would like to take the equity into new real estate opportunities. 

Quote from @Rose White: When is the best time to ask your new / possible future tenant for a background check?

(This is a theoretical future).  

Now, think about the acceleration of technology and imagine 200 years into the future.

Best of luck with your 6-unit deal and future investments!

Rock that for about 12 months and add some equity and then you could refi out to conventional so as you pay it down in the future the mortgage insurance will drop off.

One key takeaway for future projects is the value of hiring professional painters.

Platforms like BiggerPockets, local REI meetups, and Facebook groups can connect you with investors seeking opportunities.Joint Venture Partnerships: Consider partnering with a seasoned developer or investor who can provide the capital while you contribute your vision and operational effort.Hard Money Loans: If you’ve identified a property, some hard money lenders may fund the purchase and development based on the future value (ARV) of the project.Crowdfunding Platforms: Sites like Fundrise, Groundfloor, and RealtyMogul cater to real estate developments and could be a great way to gather capital.Seller Financing: If the land seller is open to it, negotiate terms to finance the purchase directly with them.2.

You would then have two loans, one on your home and one on the refi to access the equity on the investment home.Why not just use the refi cash out from your home loan for future deals?