I’m thinking of selling while prices are still high , and paying cash for a multifamily or 2 separate properties to get a better ROE than I have now, however .. if I’m patient rates will come down in a couple years , not to 3% , but perhaps that’s my better strategy , then I don’t have to sell and pay capital gains, I can rent this place out & buy another with a refi at 5-6% is my guess - thanks !

This number seems very high considering we just bought the house a year ago, and we know buyer is also paying a title fee as well (we did that last year).

Also at 50% down you are going to get rates in likely the high 6's to low 7's currently on a 30 year loan. 

I've been on this website for a while but I just upgraded to the business plan today. 

It sounds like this person is essentially a general contractor or do you already have that role...in your case I would think your project manager would manage the GC (i.e, make sure they are on schedule, under budget, and quality is up to par). 

Paying off a low interest rate loan with a high interest rate loan is NEVER a good idea, no matter how it’s sliced, diced, or sold.  

Creating a holding company, LLC, business cards, websites, and all this other nonsense is like buying an indoor basketball court so you can pursue your dream of playing in the NBA . . . before you even try a pickup game to see if you are any good or like the sport.Buy an investment property and learn how to manage it.

We're certainly seeing a very high demand on the investor side for loans in the area.

This is our website if you are interested and we can schedule a call. www.terra-housing.com

The demand for homes with a bit of land and a shop is high where I live, leading to a larger buyer pool and quicker sales.