I’ve also considered cash out of state multi-family but doing multiple into one 1031 exchange on my first time sounds risky and stressful.Mostly I like the idea of selling a house here, 1031, then a cash purchase in the midwest/south etc (Then if successful, repeat).

From there every 20 point increment affect pricing differently.

These changes aren’t immediately reflected in official statistics but affect household incomes and consumer confidence.

So far so good, will see how the pandemic affects the overall business plan....you can DM if you have specific questions....

Cash-out refi costs money to originate the new loan, appraisal fees and your PITI will increase affecting cashflow. 

I do have to disclose that I am on a student-based work visa at the moment called F1, I am unsure whether this will affect my ability to buy real estate so would love more guidance on that!

Yes, the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy is still alive in Philadelphia, though some aspects have become more challenging in recent years due to shifts in market dynamics.If you’re considering BRRRR in Philadelphia, areas with recent or upcoming developments, like parts of West Philadelphia, Brewerytown, and sections of Northeast Philadelphia, can still present good opportunities, but base everything on section 8 rents to see if the DSCR and LTV makes sense

I'm thinking of starting with buying/rehabbing my first house being cash, then refinancing after I rent it and repeating.

This will add about $600 in potential cashflow to unit #1 but has an overall negative cashflow affect of $1000/month from a 4-unit as existing.2.)

Hey Kevin, when it comes to flipping houses does a bear market or high inflation period have a different affect, or is it still a safe investment?