These are young professionals who probably dropped 200k on an MIT education and you think they are suddenly going to destroy their credit and ability to rent in the area where all of the jobs in their related field are because they can't come up with rent?

Interesting... when loans are sold to the secondary market, but the original lender continues to service the loan, does the original lender get a service fee?

My main question is whether to rehab, refinance and pay the back the 401 to avoid fees, or BRRR to continue growing my portafolio and hope to recover the fees paid at some point (ROI).

Hopefully you are only asking for advice as part of your learning process since your posts clearly do not indicate that you are fully educated on real estate or finances to be seriously considering investing.

Once you've purchased a couple of properties, your confidence level rises and you continue plugging along.

It's a second loan on top of the FHA product.You have to continuously reside in the property for 5 years for it to be forgiven.You won't be able to refinance the property with zero equity.

It‘s about the hours we put in educating ourselves about real estate investing versus watch tv.

Thats put a lot of upward pressure on prices and i expect it will continue to do so.

As an investor, you need to break out the wikipedia, inspectorpedia, bricks and mortar library and educate yourself about building materials, repairs,etc or especially as a female you will get fleeced.

Seems like I should do this sooner rather than later due to growing concern of market being topsy.I know this is not a home run and I am not cash flowing as much as I would like but want to use this investment to continue to learn and grow and eventually hit double/triple/home run(!)