If not, I would probably look at selling now or finding an equity partner to bring some cash into the deal to get it across the finish line.

I refinanced as soon as I was finished with my renovation of my duplex when I used a 203k on it.

Contract for deed is a type of seller financing where your payments go directly towards purchasing the property (essentially a mortgage but held by the seller rather than a bank) and once you finish all the payments the property becomes yours.

We have the capacity to go vertical, but we're open to selling permitted lots, developed lots, or finished homes.

Ended up having to find new folks to finish the job, which was a lesson in vetting and trusting your gut.

Finishes are modern and attractive.

I’m not suggesting you can’t successfully complete the BRRRR method but if you are selecting your markets based on where that strategy is most attainable you’re going to make regretful investment decisions because most who chime in will promote markets where you will be able to obtain a favorable cash out refinance while ignoring everything else that supports whether the market has a good underlying investment thesis or has a a more attainable alignment of sale values and appraisal values. 

While opinions may vary, I rely on data to help drive real estate decisions and planning.Key ConsiderationsEducational Attainment: 77008 boasts higher numbers of residents with bachelor's (12,241) and master's degrees (5,739) compared to 77063.Demographics: 77063 has a higher percentage of foreign-born residents (41.02%) which typically indicates a strong rental market and with 76.86% renter-occupied versus 32.60% in 77008.Economic Factors: Median income in 77008 is $140,609 with a low unemployment rate of 3.37%, whereas 77063 shows lower median income ($51,899), higher unemployment (9.99%), and more families below the poverty level (16.51%), which may indicate economic diversity but also potential rental payment risks​​.Age Distribution: 77008 has more middle-aged residents (35-54) [8970 compared to 6,115] and a slightly higher proportion of young adults (25-34) compared to 77063 but both are popular with younger adults suggesting strong rental markets equally exist.Housing Market: 77008 features a higher percentage of family households (52.39%) and married-couple families (44.77%), suggesting stability and potential for property appreciation.Digital Advertising Demand: Houston Heights apartments (77008): 50,000 average monthly searches.

In my experience, if a 3 bed in that area, with comparable size and finishes is only getting $1200, you will get $1200, not $1800.And to James comment: while I am all for treating all tenants as people first, owning and managing properties is a business first.

I am finishing up my first fix-n-flip deal and am looking to connect with others and see what value we can bring to each other while learning about other markets in the US.