Anyway I have two houses on contract to assign. 1 is a buy and hold in Rolla MO 2 miles from the university, the other is a fix and flip just 30 minutes north of Columbia Missouri. 

It has the I-Beams to support building up, which is also supported by the city (they like the idea.)

But the biggest part of my success has been creating relationships with lenders, lawyers, and investors.Thank you for reading my post and the support.

After the 2 year "has to stay primary residence clause" (which is met this coming Feb) this property would be my first rental in the area, and utilizing the cash out refi, would give me the money to move into my next property without any extra out of pocket money.I'll be sure to come back and update this for any newcomers that want to hear from beginners or are still in the "learning before you leap" mindset.I'll list the purchase info and criteria as well as the rental potential in the area and the cash out refi results below.Initial Purchase:3 bed / 1 bath / 1000sqft / 0.46acre / built in 1980 - Appraised at $140,000 in Johnson City, TN - Feb. 2020Credit Score at the time: 648 (This was a focus of mine as I had been repairing previously damaging years in my early 20's)Purchase Price: $132,000 using an FHA 30-year loan at 4.625% / Closing costs from me $4,666.63 / After all fees and closing starting mortgage amount was $129,609.00 / Monthly Principle, Interest, Escrow (Insurance, Property Tax, Mortgage Insurance) payment: $869.12Rental Potential:Johnson City TN is home to East Tennessee State University and close to Bristol TN for all you NASCAR and drag racing fans.

I really want a Multifamily if a good deal comes up even If I have to House Hack.Thanks for Your Support

I was born and raised in Troy, MI and went to school at Michigan State University.

I recently got a job in North Carolina, and I would like to refinance my home to pull out cash to help support purchasing a 2nd property to house hack in NC.

Type would be for the geographic location that supports your goal.

I would love to get $50 - $125 per pet but I don't think my market will support those rates unless it was a large or agressive breed type of dog.1 dog, under 25 lb.

I appreciate any connection or guidance through this hurdle, and as always thank you all for the support!