Either way, in order to get REFI and potentially take cash out now, before most bank's 6 or 12 month marks,  you'll need either a tenant in place or at least a letter of intent from a future tenant with a lease agreement and start date.  

@Brandon HallDidn't even think of this, good idea to keep in mind for the future!

If the first purchase is a success, there's no doubt that we will do more business together in the future.

That ship has sailed for the forseeable future.

So I think there's a lot of future rent price appreciation potential that other cities may not have which will benefit cash flow.

@Anthony YuWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Hello fellow real estate investors, i have been reading about real estate investing here and there in the past couple of months. it wasn't till i got a new job about a month ago, where i decided to take real estate investing more seriously for my future self and future family since i am only 20.

I really appreciate your guidance, I hope as time passes, I can also give this list to someone like me in the future, as well. 

I was wondering what everyone thought about buying a unit that backs up to a new Luxury Aparment and mixed development complex, and what that does to future values and rents.

@Lenny MichalskiWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.