If you are looking to refinance the rate and aren't concerned with taking additional equity out on your property, then you should use a rate/term refinance.

I do pretty much like more SD than SA, but as you asked, the money that I have to invest it aint that much, goes between 30-40K to start and will be definitely for long term, as I said, I´m a beginner in this business in the US, as commons says I´m at the baby steps stage right now.

Is a shared bathroom common or should we add more?

By 2030, we want to have grown a portfolio of over 100 units, created a property management company that manages an additional 100-200 units, and, finally (and most importantly), we will have established a non-profit that is focused on quality, affordable housing that specializes in providing housing and resources at/on the "services cliff" alongside financial counseling and first-time home buyer education in our target area.Our target area is the Springfield, MA and Hartford, CT areas with dreams to expand to Central Massachusetts (Worcester, MA), Southern New Hampshire (Nashua, NH), and Southern Connecticut (New Haven, CT).Would love to meet up with likeminded individuals in our area!

So, the common person may ask - well how is me funding the rehab myself any more risky for the lender/why would they want to limit leverage?

I’m happy to guide you through the process, share some success stories, and help you avoid common rookie mistakes. 

Additionally, where do you research if an area has a good rental pool? 

We have classes in addition that we offer. 

Then they'll charge an additional $2,400 for filing tax returns. 

If we sense there is a red flag, were asking them to upload additional documents like tax returns w2's etc.