Using LVP was a smart choice—it holds up well when wet and is cost-effective to replace.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

Not sure how you are expecting members here to assist you, when you keep making excuses to NOT help yourself?

We were ecstatic that it happened so fast, we thought it would take longer.

I think it's worth trying.

Buying in your backyard eliminates so much for you.What strategy do want to follow?   

The idea of restricting what you do with your own cash, just because it was a refi, is probably unconstitutional.I know a lot of people investing in Texas from both inside and outside Texas. 

Real estate takes many years to be able to support yourself, and that’s if you do everything right and the cards fall into place.

It is hard and will be a full time time job to do it right. 

Now as I stated I'm not a agent but I do feel confident in this here friend.