A refi makes more sense if you plan to hold the property long-term as a rental.

This move is such a great example of what determination, solid planning, and truly listening to investors’ needs can achieve.

But, sometimes waiting and stacking cash for another opportunity is the best plan. 

I am planning on not resigning my lease and starting of my RE venture. 

@Krystal Stone I would be sure to check and see how many clients (youth) they are planning to house at one time.

@Eric Gerakos In theory that's the plan.

But…he can make the buyer regret it if he doesn’t plan to move it.

- You can buy using FHA 203(k) loan which allows you to finance repairs into the purchase mortgage.If you find you like being a landlord, you can BRRRR a property every year.You can also start BRRRing rentals w/o planning to live in them.

I highly suggest getting your feet wet in your local market if possible if you plan to rehab or manage the property yourself.

I had planned to slowly build an investment portfolio on my own.