Also have reached out to tons of agents I have connections with already and not having much luck, so I want to focus on generating off market leads.It's my goal to get really proficient at cold calling.

Compare Savings: Subtract the prepayment penalty from the potential savings generated by refinancing (e.g., lower monthly payments, reduced interest rates).

Acquired 1-bedroom rental property, generating 30%+ cash-on-cash return.

And when people get tunnel vision for lowest $ down, they tend to not give attention to the revenue generation of it, the operations, and that's a VERY dangerous combination of high leverage and not so-good revenue. 

Since the interest rate is already high, adding to it won’t drastically change your overall costs and will free up the liquidity you need for the new investment without affecting the low-rate financing on your multifamily property.Using the hard money loan to close on the new property could work well, especially if the property generates the $6,000/month you expect.

Ideally, I would love to buy a multi-family property and rent it out, I would consider house hacking but I mainly want to my first property to be one that I can improve on and have it generate income for me.

Even then, you would need to make an investment that would generate enough depreciation to offset that income.

The most beautiful buildings are the ones that generate the most economic value over time. 

If you want to generate revenue, you have to learn to be more effective.

I’m also currently looking to upgrade to a software that allows me to transfer friends from PM to owner and will help me generate form 1099at the end of the year.