Based on what you have done already I am guessing you like the long term appreciation and cashflow approach to real estate investing.I dont have any information on how you acquired your other properties or what your financial position so take my advice as "what I would do" advice.You just bought a home that you put down between 5-20% so it probably drained you a bit.

@Nathan Realph,Here's a few thoughts on things to look for in a lender...Using a HML or PML to acquire good properties that need renovation is a great way to leverage your resources.

I ultimately decided to move away from SFH’s because the amount of work required to continue to scale wasn’t feasible alongside a full time job.Investing passively via syndicates opened my eyes to how I could benefit from real professionals sourcing, acquiring, doing due diligence and managing my asset all without any ongoing time commitment from me.

Good luck and great job with acquiring 16 properties and self managing!!!

Sometimes there are years in between acquiring houses.

We bought our first house in 2014 (a 3 family with lots of problems) and within a few months it created a raging hunger inside of me to acquire more.

If so, what has your experience been like as far as profitability, acquiring properties, working with property management firms, DC vacation rental laws etc.

Acquired at auction so the price was right.

I'm currently looking for my first quadplex purchase and will be using an FHA or FHA 203k loan to acquire it.

I have met with my banker 2 days ago to discuss my options to refinance when he asked me why refinancing and paying closing costs again instead of applying for a line a credit on the properties.Refinancing or line of credit, which one would be best to get my cash out to acquire more properties as an investor?