If interest rates fall later, refinancing again might require you to bring extra funds to the table, which could impact your overall investment strategy.

One thing you want to avoid is making the asset to unique that it is difficult for an appraiser to comp out. 

So I’m trying to see if I take that equity off the table and re-invest the sale proceeds in another market across more doors where we’ll see better appreciation, OR if we continue keeping it as a rental and work on principal pay down even though the rental price has been coming down and the home is not the easiest to fill because of the above average price for the C- to B neighborhood.Ultimately, my stated goal has been to build appreciation (over cash flow) by acquiring 1-4 doors per year for the next 10 years to allow my wife to retire (or be work optional) by the time she's 50.

Decent amount of flippers.I'm a member of both and find unique value in each.

My question is, I am looking at using a white label table funder to start with while I raise my own funding.

Hi Guenevere, With a budget of $23,000, it seems like multifamily might be off the table for now.

However, you have to ask yourself, "What am I bringing to the table?" 

A few additional thoughts about being a new agent ---Being a real estate agent is unique because it's solely commission-based.

We will recover in total about 50% of our initial investment in this as we too were early to the table and elected to not reinvest. 

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