As much as I am an advocate for SFR in Indy, I don't recommend it for MF with rare exceptions.

I am contemplating to using if this is good strategy.I am thinking of doing a refi 30years in an investment property and do a cash out and do a refi cash out on a Vacation property that was bought for cash and rehabbed and then apply a combined lumpsum payment to my primary home that I am paying a good amount in interest $1200 and there by increase equity and get a heloc open for use for the next coming investment.

Could it be a combination of the two?

She is on a HUD voucher, rarely calls, very nice and is timely about her paperwork.

You should leverage whatever rare and valuable skill you have to increase income, opportunities, and overall career capital and eventually you will find better opportunities to invest.Check out the bigger pockets events page.

*I'd like to quickly add that my ultimate goal is to utilize a combination of judicious flips and long term rentals as a vehicle to build enough passive income to quit my job and finally LIVE.

It can get up to 15%+ combining the home and auto and other policies.

@Ken Latchers I also don't think the world is going to end, but on the other end we're looking at 3 times as many deaths as SARS and MERS combined already.

It's rare to encounter someone who works consistently 30 hours a week.

So in the worst case, I'm living for free.Other variables: It's a 1-acre lot that's zoned for multi-family and has enough leftover space that I could use someday for a triplex or just divide it and sell.New roof in 2019, new hot water heater and HVAC within the last 3 years.The utilities are combined so I'd either have to include it in the rent or work out another solution.I think I can get it at $120,000 with either 15% down on an investor loan or 5% down on a conventional mortgage.Taxes: $950Insurance: $1200I would manage it myself for now.In my various scenarios, I either run $1000 a year for expenses for living in the main house and renting out the MIL suite or up to $3000 a year in expenses for the student rental scenario.