The two primary options would be 1. refinance your current property, put a tenant in it and purchase your new primary single family residence2. refinance your current property, put a tenant in it and purchase a 2-4 unit property you can househack3. sell the current property, purchase a new SF primary residence and possibly another rental property Feel free to reach out to me as I am an investor agent specialist in the Metro Detroit market  

I'd like to start off with wholesaling not only because its less skin in the game but also to learn how to analyze properties more specifically identifying costs for rehabs.

Consult an asset protection specialist, CPA, or Attorney to be sure. 

Heather has gone a step further by getting commissioned as a Notary Public and Loan Document Signing Specialist to further help her clients in their Real Estate needs.Heather enjoys volunteering in the community and making connections with others.

Your skin in the game can not be financed with a bank or funding company.

The "skin in the game" required of the borrower is so they have something at risk...their DP (cash).

I’d consult with a specialist before hand, but many investors do this with no problems.

Non-QM lenders want to see skin in the game, so 100% financing can be difficult to find.  

Here’s a breakdown of some of the information you may need to provide for a cost segregation study.For existing buildings:List of equipment on the propertyProperty settlement stateAny appraisals or purchase/lease agreements Property maps or blueprintsSchedules, change orders or documents for future renovation plansSupporting documents for calculating real property book valuePrevious purchase price allocations that separated assets into their appropriate allocation and valuePast site inspections and photographsDocumentation that proves or records deterioration of assetsFor new construction:Contracts or contract paymentsLand and property sizeBlueprints of projectList of equipment involved or purchasedList of projected costs including costs for land developmentApplicable site inspectionsConstruction schedules and payment requestsPhotographs of completed assets or work in progressCost segregation specialists typically have an organized plan for the collection and analysis of the information provided.

Hey Luke, I'm an investment specialist in the area and run my company's leasing operation and would be happy to give you some accurate rental price ranges if you're interested.