Plus, investing in hurricane-proofing and key upgrades should help long-term durability and reduce major CapEx surprises down the road.Since you're aiming for a BRRRR-style approach moving forward, are you looking to find value-add multifamily deals in Maryland, or are you considering other markets?

I have built a portfolio using owner occupied loans and I also help other investors do the same.

I suggest finding a good insurance agent and a good attorney/CPA to help you get everything organized.

@Mario Niccolini I am going to help make the decision easier for you.

Thanks in advance for your help!

Any help is much appreciated!

Another possibility is looking into a home equity line of credit (HELOC) on your personal residence, which could help you tap into available equity without a large lump-sum repayment upfront.

I'd like to shoot a long shot of hoping someone knows someone or can help me in any way.

I don’t see the value with time and effort owning this place but as a new investor, I can’t help but to consider if I hold on to it- if it will then become net positive.I refi in Oct 2024.

If you're interested, I know a fantastic investor-friendly agent in Denver with years of experience and could help you navigate the market.