Would it be worth it to you to burn that bridge you just built for 1 deal?

I've been called that from about 6yo.My personal preference is to start small but not knowing to much about the game here is limiting my view on how far I can make the 200k go without being able to borrow funds (and which market I ultimately choose to invest)I have completed a 2 page business sketch stating that I'm happy with 2-3 projects in the first year as I'm not putting a ton of pressure on myself time wise.

Here's a link to google street view.

Here's a link to google street view.

But, from a conservative analysis point of view it's where I would start until you can physically walk the property. 

If I refi as an owner occupied again I believe I have to stay for a year but would it be worth doing to get a slightly lower rate for the life of the mortgage?

Hi, I am in Fort Worth Texas (newbie who wanted to start REI).

If values crash and you're stuck with a property that's worth less than what you paid, forcing you to hold for longer than you had planned, you'll be glad for that fixed rate loan.

@Denise Evans, an attorney in AL. has written a book on seller financing, it's pricey but it should be worth it from her experience as she teaches RE for RE exams and has helped write the text for the state.

If I like the property and see worth in it, then I will bring my GC in to do a full inspection so this will not be my only look.Any insight will be appreciated.