Hi @Stacie Telles,Finding lenders that offer cash-out refinancing with minimal or no seasoning periods can be challenging, as many conventional lenders require a six-month to one-year seasoning period.

Purchase price: $125,000 Cash invested: $120,000 First try at turning a single family home into a duplex while going through the permit process for the first time.

That looks pretty bad for your cash flow.

Obviously cash flow would be wonderful, but not necessarily needed.

Like most places with growth though, it's hard to find properties to cash flow given interest rates etc. 

I plan to utilize some cash, margin loan, 401k loan, and a HELOC as a down payment.My first house hack (now an out of state investment) has a Zestimate of $530K, and I have $266K left on the loan.

Especially in Dayton, where you'll get that high cash-flow. 

Is there debt on the property or are you doing all cash?

Unless you paid cash?

It's the cash you put in that's your cost for the property.