Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

One of the strategies I am strongly considering for my first deal is a multifamily house hack.

- The market is in a little bit of a lull right now (buyers market), its a great time to buy, but slower time to sell (my primary business is flipping houses) I can supplement my flipping business by providing project management services/consulting, helping investors find discounted properties, etc. etc.

@Chad Chase - I think funding a fix and flip with a HELOC from a primary house could work.

The house was given to them when my grandpa died.

i have nothing to sell.

Real estate loans to owner occupied properties where the business of the owner is closed down - or SHOULD be, and the owner needs some time to sell the property.  

So, early on, I explored opening a HELOC on my current primary, and also credit cards and selling stocks.

You can't uphold your fiduciary duties while wholesaling a house.

Alexandria, VA is a great spot for house hacking!