Use the slower months to refine your operations and marketing strategy to boost occupancy and revenue.

My immediate goal is to acquire our first property and spend the next two years mastering the basics of real estate investment. ( Refining the Go and No property search criteria/ Learning the value of taxes and avoiding them as much as possible/ 1031 exchanges) Depending on my wife’s career orders, we may remain in Baltimore for 1-2 years, but I’m also exploring opportunities in West Texas, Sierra Vista, AZ, and Houston, TX.

We host Free Meetups in Boston, Worcester, Lowell, Manchester, Portsmouth, and Biddeford. 3️⃣ BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat):Find distressed properties, add value through renovations, and refinance to pull most of your cash back out.

If you are worried about out of pocket costs, see if maybe a rehab loan is an option to get everything needed done now and refinance in 3 months when everything is complete.

This has been the most successful model I have seen in real estate.This goes 100% against every guru and investor the past 5 years of get rich quick of buy, rehab, rent and refinance with little money - that video game is out of order so the gurus need to reinvest themselves and they are trying with seller financing and zero down.

We purchased this as a BRRRR on a Line of Credit, went to do a few fixes then refinance.

So, as stated above there would be no reason or advantage to refinance.

Is it possible to sell or refinance one unit to pay the other off completely. 

I've seen folks pick up single-family homes here for under $200K, add $20-30K in rehab, and refinance to pull out nearly all their capital.Indianapolis, IN: Indy is another fantastic market for first-time investors.

If you have to do an ARM, have a Plan B to pivot if you need to sell or refinance.