The plan was to house hack the house by setting up the third bedroom as a studio apartment with its own bathroom and walk-in closet.

Timothy, congratulations on owning your own place, monitizing it, and having these plans already in your head all at 22 years old!

My plan is to sell my primary home in New York and purchase a house to live in South Carolina.

Would love to connect and hear about how your house hack is going and what your next plan of action is.

Are you looking at turn-key investment or do you plan to purchase and rehab?

But I definitely plan to get more quotes.

If not I wouldn't bother selling as there is an incredible amount of money lost in buying and selling properties, so you have to make sure you have a plan to maximize the equity and actually have enough. 

I plan to hodl for the long term

If you plan to use the remaining HELOC for a DSCR or BRRR strategy, that could help you build more equity, but consider if the current market conditions will lead to higher rates and lower cash flow in the near term.If your goal is to scale, you might consider holding onto your current duplex for the cash flow and focusing on the BRRR/DSCR strategy, which can allow for more control and potentially better long-term returns.

Mortgage Balance: $430,000 Monthly Mortgage Payment: $3,100 Current Rent: $4,100/month (below market rate, planning to gradually adjust it during yearly renewal to eventually catch up to the market rate) Appraised Value: $900,000 (purchased for $657,000 8 yrs ago) Managed by a property manager Loan assumableProperty B: Located in VA.