I know the market is really hot in Gonzalez for a traditional rental but was curious about the short term market.

We plan to stay here while we transition into traditional flips but will likely sell/rent depending on the market when we find our forever home.

This includes a guaranteed interest rate reduction as well as a guaranteed reduction in the monthly payment.Benefits that set the Refi Now and Refi Possible programs apart from traditional refinance loans include that you:Will get a reduction of at least 0.50 percentage points in your interest rate Will see a reduction of at least $50 in your monthly mortgage payment Will get a maximum $500 lender credit applied towards an appraisal if you don’t qualify for an appraisal waiver (Fannie Mae will provide a $500 credit to the lenders when the loan is sold to the GSE) Won’t have to pay the 0.50 percentage point Adverse Market Fee if your loan balance is $300,000 or lower More from Money:Want to Refinance Your Mortgage This Month?

Therefore, I was happy to have a market where this was seen as less of an issue, and likely allowed me to profit more on this property.Opportunity CostWhere things get interesting, is in regards to opportunity cost.The following are the projections, based on a traditional buy and hold, with a refinance, but without using a HELOC to fund the purchase and repairs.These future returns are what I gave up from selling the property.Assumptions used in the projections / report above are provided below.

People buy houses all the time without traditional jobs, but to do so they have to use non-traditional means.First, what kind of property is this: SFH, 2-4 plex, small apartment, etc?

I get that Redfin does not use the traditional methods.

Giving that up for an unknown seems more risky to me...Option 5 – You would need to be able to parcel the units out individually and your traditional lender may have an issue with this.Option 6 – Would $75k in profit fully pay off at least one of your first position notes?

Minimize tax burden while reducing debt , I know rich people with really good accountants have so many loopholes they go through  

Please realize that this is NOT a get rich quick thing.

Would you recommend this option of 'passive' income over traditional RE investing?