I was playing with the idea of selling my condo, taking 300k of the equity to put a down payment towards a house listed at 660k.I'm assuming the reno will run $300/sqft and going in with the assumption that phase 1 will run 750k (figure the expansion of the house will have to wait) for the gut reno.I assume/hope (but definitely not banking on) that I will be able to refi in 2-3 years at a lower interest rate; if not for a lower rate.This will likely be a family home for the next 5-10 years at LEAST so investment value isn't quite at top of mind ATM.Questions:Even if it's not for lower interest rate, do you feel it's advisable to refi to remove the 203 loan in the future?

Feel free to reach out, my team has experience lending as well

If you end up going feel free to reach out. 

I have a list with links that you are welcome to, feel free to PM me.

Looking to connect with any investors, realtors, property managers, contractors, wholesalers etc from the area :) Feel free to comment or DM!

I’d love to hear more about your goals and how you’re planning to use your license to grow.Wishing you all the best on this journey—feel free to reach out if you ever want to connect or chat strategy! 

My partner is a builder in the LA area, so if anyone is interested in taking advantage of SB-9 to build additional units on their property, feel free to reach out anytimeSounds great, Alan!

I feel like a condo would allow me to: 1) Get experience and my foot in the door with little capital.2) Protect me from getting wiped out by an unknown capex expense.3) Potentially house hack.4) Not feel bad about burning money on rent. 

Feel free to message me!  

Feel free to share your goals or ask any questions, everyone here loves to help and exchange ideas!