Would it make sense to invest in improving my home, then refinance with a bank to extract the created equity, and then use that money to purchase a rental property?

So I am familiar with soflo.One strategy I am trying to implement is The 4-3-2-1 Strategy:Start with a 4-unit property: Live in one unit, rent out the others to cover your mortgage and expenses.Repeat with 3-unit, 2-unit, and attain your dream home last (1 unit property)After 12 months of living in each property, consider a cash out refinance to use equity for improvements or further investments, if beneficial for you.Build a real estate portfolio of 10 rental units in a 3 year span while generating rental income.

I have been involved in many foundation repairs and we get the improved foundation up to as good or better than new.

I’m also a big enthusiast for health and wellness, always striving to improve myself and learn more.If anyone in the Houston market would like to connect or has any advice for someone just starting out, I’d love to hear from you!

In the past I just give them a 10% deduction in rent for one year until things can improve. 

You can also talk to the bank and ask them for advice for improving your credit score quickly.

Guest Experience- Improving Based on Feedback: We make ongoing changes based on what guests tell us to improve their experience.- Easy Check-In: We set up smart locks and clear instructions to make check-in as simple as possible.8.

Avoid personal use of the property, as it can limit deductions, and be careful to correctly classify repairs versus capital improvements, as improvements must be depreciated.

- Many PMCs have processes designed to weed out non-serious prospects, but often these processes aren't adapted to the specific marketplace or changing markets.Since the PMC processes are NOT working, what are they doing to change it to improve results?

She had the money, yet chose immediate gratification over improving her long-term financial stability.Always remember, THEY ARE TENANTS FOR A REASON!