It's better to get a single or a double sooner rather than waiting two years to find that home run.

We started in June and moved in at Xmas, he started in July and moved in at xmas two years later.

It sounds cheesy, but the best way to prepare is to work with a friend or two and role-play.

I notice you listed a lot of NMLS ID unlike most lender that list one or two NMLS. 

Why has my latest one only been open two years?

If you have considerable money to invest then just use a commercial broker who will help you learn the ropes and they get a transaction or two out of it.

I’ve had two sets of tenants that have both stayed 2 years with the current tenants probably planning to stay longer than that.

I have two that you can reach out to.

Given the property you would move out of will cash flow, doing a refinance would allow you to obtain cash in hand while generating cash on the rental.Ko, I appreciate your response thank you.I guess any delay would be in the hope that a year or two from now maybe we'd see more like 5% mortgage rates, could be too optimistic but at 7% currently there isn't much cashflow to be had.  

There are two ways around the penalty, but both take time.