However, if you are planning to scale up, it probably pays to learn Quickbooks sooner rather than later. 

I would like to say we get closer each time, but the scale of rehabs vary so much on each deal, so it is still a work in progress.

Sellers are 70 & 72 and manage all units by themselves but would like to seriously scale back and avoid taxes the best they can.Any help would be appreciated.Alex Montoya

I’m not planning on moving from my place to HH until I need to scale up into a bigger place to start a family.

I also wanted to scale up faster, and buy at least two units.

Taking the 30-year option will allow you to double your cash flow allowing you to scale faster.As long as you have a positive cash flow on the property it shouldn't negatively impact your DTI.If your goal is to continue with the property you have then I think the 15-year may be a good option.

I want to scale as quickly as possible.

Seems to make sense as I've a full time plus job right now and could use any economies of scale I can find. 

I grew up with parents that invested in a few rehabs back in the day, and looking to get into this same thing myself.I'm a software engineer so I'm more on the analytical side, but my hope is to get some traction in the rehab side of things and scale up from there.

Through research we started learning that a portfolio loan with a cash out refinance would be ideal for a number of reasons:1- Interest are historically low 2- 4 homes had a 15-year mortgage (great for a good interest rate but were killing cashflow)3- Cash out- ability to pull out $264,000 to reinvest in more properties4- 4.7% interest rate on a 4.7M loan5- Non-recourse* In my opinion, 1-4 are a nice to have but number 5 was necessary for us to continue to scale.