Keep in mind that your refi options change dramatically once you do move out because you will loose the option to use a homeowner's refi and the much better rate that provides.

This documentation can be invaluable if any issues arise later.What to Do if Applicants Don’t Have ReferencesSome applicants won’t have any—or limited—rental references, usually due to their age or being prior homeowners.

Once a couple of flips have been completed together and we have built that relationship, we typically just go to a 50 upfront 50 at completion type of deal more typical with homeowner work (Not required, but its usually easier for both sides or we just continue a pay as we go basis).

You have homeowner prices and then you have builder/investor prices.

If you are not a homeowner I would highly recommend waiting until a solid duplex comes out in your area and getting started with househacking.

Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!

As a homeowner, I can’t help but feel a bit hopeful that home prices may decline, making it easier for us to purchase additional properties.

Use your rental's homeowner's insurance plus a liability policy to get $1M in protection.

This idea involves not taking control of a property, but instead, helping existing beach home owners sell shares in their own properties.

It will make that space nice and bright for the homeowner for years to come.Good Luck!