After listening to podcasts and reading articles on BP for the past few months, I became motivated to pursue a career in real estate investing.My goal is to be a buy and hold investor in the Maryland area. 

You are only allowed to the refinance the loan into another FHA product with no cash out.Let me know if you have any questions.RegardsJoe Scorese

I recently acquired a list of peoples names who own several rental properties. What would be the best way to try and contact them to see if they have any interest in selling. Thanks

Your situation can motivate so many people here on BP. 

But it's really not the strategy, it is the consistency in the strategy and if you have the money to maintain the correct marketing course to get the motivated sellers.I hope this helps.

And there's always the possibility of renting out the downstairs bedroom to a trusted individual but that's probably down the road for us because of our stage of life. 

I'd want you to get your CPA or legal advisor's Okey dokey because the benefits and burdens of ownership argument is specific to each individuals situation.So the answer is - maybe!!

Take hedonic regression as an example, with data on prices and property features, hedonic regression allows you to treat property as just a collection of characteristics, and estimate the price of those characteristics individually. 

I’m sure there are many options out there I just can’t seem to find decent commercial products or viable personal loans to refinance and capture this equity so I can leverage it for future purchases.

I found a motivated seller in west oak lane area near 66th ave.