That means you need to bring another 40k to the table at the refi cause you'll have a bridge loan of 240k to payoff.Now you'll own a 320k house with 80k equity in it making 150 cash/month.You wanna look for better deal spreads. 

You aren't ready based on what you said.NJ is one of the toughest flip market in the country now (Northern) because the prices to buy the dumps is high because inventory is low so the spread is too little for new flippers.

Both of these funds have mentioned this direction to their private investors a lot since Nov 1.For small businesses holding high liquidity, many are spread out amongst the big banks, where would you suggest they $ go? 

Multifamily is great for spreading out capital expenditures between mulitple units and living for less out of pocket each month.  

A few years ago there was a greater spread between bank originated construction debt and alt. lender construction debt but there's currently a contraction.

@Mark Miles Thanks for sharing the info about the Poconos, I have an offer to purchase 3 STR all together spread out in the Poconos and still trying to decide about this area and how quickly I can have them up and running.

"Chunking out" can be a good strategy to spread out your tax burden over several years. 

While you've taken the creative liberty of using an alias, the real issue here seems to be your penchant for continuously spreading misleading information all over the web (You've been BUSY).

Focus on one strategy and perfect it.Don't spread yourself too thin.As Buffet said - "Diversification is protection against ignorance"

The bid/ask spread will close the gap, but you will not see 2018 prices again.