Hello,I am currently in the middle of delayed financing (cash out) for the second property I recently purchased, All of the cash out money would go into rehabbing the property.

As a brand new investor, you want to minimize your risk as much as possible on your first buy and what you are looking at depends on your strategy.

So, she is prepared for it and there won’t be a delay in my payments(with the increase if they’re paying for it, not the tenant) once the new lease begins.

Im starting out and would like to keep my costs to a minimal so I can save $ for the actual investments.

Only one unit will be rented, house hacked, and the water cost for a HE washer is minimal.

In my last post I discussed using Fannie Mae's delayed financing exception to allow for pulling the cash back out before the typical 6 month seasoning period, and in the comments @Steve C. led me to a post outlining a different approach using a LLC-to-personal loan (see https://www.biggerpockets.com/forums/48/topics/460294-how-to-cash-out-1-4-unit-property).

Also Alexander Felice wrote an article about the Delayed Financing Program in which you can refinance sooner as well. https://www.biggerpockets.com/blog/work-with-lenders-brrrr-method

can reduce capital gain by 15%,,delay 4-10 years or even avoit it after 10 years...3- A $12M commercial building can save up to $600k taxes every year if you can qualify4- Can save up to 28% in expenses every year if you have a maufacture, laboratory, dentist, doctor, storage office, etc...Pretty powerful... 

The idea is to minimize/reduce that risk and that can be done by having the right teams and people in place.

If you’re looking at newer homes, maintenance and capex should hopefully be pretty minimal.