You might add the weighted interest you are currently paying, to see if you actually save money by refinancing your primary.For your 1st investment property, if you want to do a cash out Refinance on a DSCR type loan, you will need to get a minimum loan of $70,000, at 6.6%, you would need to have the property rented for a minimum of $900/mo, assuming taxes are about $2k/year, and Insurance is $750/yr. 

Along with new builds IN Charleston Sc.. which I rarely talk about..

If I were you, I would be thinking of doing an opportunistic 1031 exchange of the condo into a larger building.

Typically, the HVAC technician will install the heater in an old closet or pantry near the rear of the building and run the ductwork through the bedrooms.

The rental profits from your own property will be schedule E (lower tax), the profits from your property management company will be schedule C (higher tax).

Hey Dave,It was great to meet you this weekend in Panama, one thing to consider is you would not be subject the UBIT (Unrelated business income tax) using your IRA money to buy parcels with no debt on them.

I want to get into apartment buildings and I've found a 6 unit to start with.

That's just a rule of thumb for a quick calculation.Flipping is could be cost intensive and then bring tax liability when done as a one off, for instance if you did 1 per year maybe it's not worth it. 

this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).

Neu Real Estate Group is building duplexes for investors throughout the city of Indianapolis, which are delivering returns north of 10%.