Like yourself, I work a full time job that I enjoy, however, I plan to purchase my first investment property that will hopefully lead to more properties and FI in the future.

The property that I'm looking to finance will increase in value and taking in consideration of rent profit, I will re-fi out in 7yrs into a fixed 20yr commercial loan (with my small local relationship bank) and I will hold the property and pay off the note! 

Should we take the cash flow, pay down the mortgage and build equity, then take out a home equity loan or a cash out Re-Fi?

I am currently working full-time in healthcare and am pursuing to cover all my families living expenses with our rental portfolio (lean FI) and that timeline would be pushed back if this scenario where to take place. 

Great advice Andrew B and Andrew F.  I

Originally posted by @Jill F.:I

But a demolition order is very difficult to remove fi the city wants to be tough on derelict properties, even though they have a great ARV an d potential to help life the neighborhood.My Blog below has examples of how rehab loans can work or I'm happy to provide further details.

:Originally posted by @Ashish Acharya:@Paolo F.,I

Real Estate prices typically follow 1 -2 years behind oil and gas activity, so hopefully we'll see prices climbing again in a year or two.Our plan is to pick up as many cashflowing properties as we can while the market is down and soft, then re-fi when it improves and recycle the capital into more projects or possibly down into the states on larger deals.

The real end goal is FI and whatever it takes to get there is what it’s gonna be.My next steps:I went super hard on the podcasts initially to get a little bit of knowledge on a lot of different things and have now started narrowing it down a little more.