Will the Fed raise its policy rate?

There is also the test of having a significant amount of financial risk.

This certainly sparked my interest and I already own land in Florida that I purchased for next to nothing after the market crashed so I figured I'd put this to the test.

We do raise rates every year or two.

Even if you don't get a non-recourse, a value-add property can be re-financed based on raised rents in a short time frame.There is a formula for increasing the value of your property because the value is based on income, not comps. 

If you can't raise rents then I would most likely sell.Alternatively, if you don't want to sell, refi to a fixed, but put some money down in order to lower your monthly payment. 

Now I'm flipping to raise my income to buy more rentals via the BRRR strategy.

We just had an offer accepted for a fourplex yesterday that should give us 11% cash on cash return (around $600 a month in cashflow), with room to raise rents in the next year and achieve close to 16% COC.

Wasn't an issue back when they bought it, and luckily the soil tested clean when they removed. 

I have been test marketing.