This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.

I have done 2 successful flips and also have one 1 buy and hold.Now that I have a little skin in the game I’d like to ask my dad who is 62, with a 6 figure 401k to allow me to use $50,000 to invest in more real estate.

The easiest way to access equity in a property through a DSCR loan is going to be through a cash-out refinance, of which 80% LTV is available in California (down to 660 FICO).We also have the following prepayment penalties available on 30-year fixed terms:o  3-year prepay: +0.00% to base rateo  2-year prepay: +0.125% to base rateo  1-year prepay: +0.125% to base rateo  No prepay: +0.25% to base rateWhen it comes to 2nd position deals on purchases, there is a program I utilize that allows 90% combined LTV (CLTV).

My question is this: is it wise to put the full $200k into the initial purchase of our personal residence, which would allow us to qualify for a house that better fits our needs since only my wife has a guaranteed job at the moment, and then, after a year, pull that equity out to invest in a multi-unit? 

Hello Taryn,Have you considered securing hard money for short-term use to complete the apartment scope of work and then refinance for a conventional loan either based on "As-Is" (pro forma market rents w/ no tenants in place) or "As-Stabilized" (fully rented) condition whichever the lender will allow?

The lenders with the more flexible guidelines (allow a lower FICO, higher LTV, less seasoning, etc) tend to have higher rates than the lenders with more strict guidelines. 

This allowed me to proceed with the necessary rehabilitation of my house without having the required capital upfront.

I encourage you to get involved, ask questions, be open to feedback, and allow other seasoned investors to help guide you along your journey of Real Estate Investing.Best of Luck!

I'm going through something very similar in Eastie and have decided to go through Zoning as it allows me to inject value without doing anything to it.

I set up my team there, and the passive income will replace my full-time income shortly.The best part - in the last few years, I adopted a newer investment strategy that allowed me to buy many more properties every year, without leveraging my funds and also helped me lower PITI, and increase net cash flow.