Cons: Property 1 has strong expected IRROption 2) Sell property 1 to pay off a construction loan on property 5 and purchase new SFR -- Pros: Improves cash flow by $1,000 / month, Adds $40k cash to bank account (after $30k loan repayment and $40k SFR purchase). 

However, we hope the, let’s call it the rebuilding stage, will level off here soon.

As a matter of fact, I just bought a triplex off of the MLS that is cash flow positive and will have about $75K in equity when I'm done with rehab.

Can I use income from wholesaling to pay off my house without paying taxes on it.

Also not all spouses tell the other whats up and the letters set off world war 3.AS an active courthouse step buyer..

I dis- agree with TC tho --- Dont ever paint the hardwood floors, its some times very tough to get all the paint back off the floor.

Bottom line, really do your homework before you buy an Orlando condo (but don't necessarily write off all condos in our market).

Since you bought this for $5k less than the appraised value, I don't think there would be a big enough jump in adding value where you can do a cash-out refinance, and you would likely be bringing money to the table to pay off the HELOC with a standard refinance. 

I have looked into a few ways to start off but would like to connect with people who are having success and can walk me through how to start.

I have analyzed tons of syndication opportunities and the name "Simple Passive Cashflow" would be a pass right off the bat.