I am probably looking to work as a investor for passive income.

Though we can do that, LLC is preferred by most of my clients.o Individual credit will be used for determining max leverage (80% LTC is highest available) and interest rate.o Personal income, taxes, and debt-to-income ratio will not be utilized.

Think about your money situation, like your credit score, how much you can put down at the start, your debts vs your income, and how steady your money flow is.

We're considering our options for moving forward.Numbers:Purchased for ~ $230,000 (2.5% interest)Remaining balance ~ $220,000Appreciated to ~ $400,000Cash flow is ~ $500 a month after setting aside for all reservesOptions we're considering:1- Cash out refinance- at current market rates, rough estimate is that we could access close to $100,000 in equity, but our cash flow would go to $0 or possibly negative for a period.2- Sell now - if we sell before the end of the summer, we could still qualify for living in the property for 2 out of the last 5 years for the additional tax benefits.

A triplex fully rented out that currently generates an income of 3K.

Additionally, the attorneys work doesn't really start until you have a deal lined up.Feel free to shoot me a dm to discuss further.

Passive income preferred, with minimal hands on needed.

However, I can definitely share that if you add outdoor games, spruce up your backyard as a social hangout space, add a hot tub and beautify the front of the home, and then get additional, really strong photos, it would help a lot.

You dont say what you are replacing your income with ? 

I have some rentals and have more depreciation than what they rent for so if I was able to classify the new construction as passive income, I could then use the "losses" from my other passive investments to help offset the income.