I am not able to take equity out of my condo because it is currently on the blacklist due to HOA fixing the roofing and a Fannie Mae rule stating, if more then 50% of the condos in that community are owned by investors, I may not be able to refi.

However, given today’s high interest rates, finding a deal that matches or exceeds your current return might be tricky.

It's going to be your [Gross Income] divided by [Fixed Expenses].

Low LTV, 30yr fixed @4.5% personal (1)• Investment condo - new const. high end purchased w/1031 (from 20yr quad) in 2019.

The loss of priceless art, jewelry, autos, memorabilia and watches could often match or exceed the property values.

But if you had access to 100% financing for a fix/flip, would you be at "that point"?

Appreciation ~4% annually.Capex items needed: new roof, parking lot needs concrete fixed and asphalt resealed - ~30K in workDeal #3 - SFH, 2BD/1BAAsk: 65KCat smell everywhere, needs new paint and flooring, needs new gutters. 

We’ll pay to get it fixed that’s not the problem.

RE has always been a big thing that always intrigued and in 2024 I went ahead and took the risk of buying a fix and flip investment with a partner and soon it will be on the market!

I'm looking into fix & flip/bridge loans for SFHs right now.