This stunning home boasts New hurricane impact windows, Newer Water Heater, A/C- 2020, and Roof -2017.

I BRRRR into my next property and the attached HELOC provides me with a great source of flexible capital.

You can build a solid team if you start by finding an investment focused realtor who sources deals and has a large network to provide you with.

@James Coleman I would be happy to provide a 3rd party review of the property and numbers to provide you an analysis. 

Our current rental was purchased for roughly $340k 7 years ago and is worth in the mid $500’s now and is paid off, and our primary was purchased for $430k 4 years ago and valued low to mid $600s and we owe $180k.Option1 we are considering are a fix and flip to provide cash for a down payment for a long term rental to allow the rent to cover the mortgage and at least break even.

- Will this strategy impact my long home buying abilities 2-3 years from now when I am looking for my long term residence, and if so how? 

My goal is to capitalize on those unfulfilled niches and develop strategies that provide maximum benefits to both the lender and the borrower. 

Simply providing information pertaining to legalities.

As an investor myself, I'm constantly on the hunt for coastal value (hence our most recent Mexico STR and coastal Oregon since 2018) and having lived in many of the most desire-able coastal cities like Ft Lauderdale FL and Venice Beach CA, I'm convinced the Oregon Coast provides some of the strongest relative coastal value and particularly oceanfront property in the continental US. 

Some people see it as a way to get into a multifamily house at a lower downpayment and interest rate, while still providing themselves a place to live.I think the only way it would be "wrong" is if it puts you in a situation you can't afford or makes you "house poor".My husband and I rent out 4 of the bedrooms in our house plus a bonus room, meaning we have 6 roommates, but our entire mortgage is covered.