I cash out refinanced my primary in 2019 right at the start of lockdowns with the idea of buying a new home and rent my current.

My strategy is buy and hold so would be looking for a cash flowing rental and your post definitely sparked my interest in looking closer at the Reading market since I'm only 45 minutes away.

You can try buying ten SFRs or buy a 50-plex - the work is almost the same - but the rewards are much bigger.

You may be able to use the downpayment for a fix and flip loan if you are buying a property that needs updating and renovation, and then you would be able to refinance it into a DSCR.

This will be my first time buying land.

Buy data.

Investment Info:Single-family residence buy & hold investment.

Hi,Iam looking to buy a turn key property in Memphis.

Use the cash out as down payment to buy another property in San Diego.  2) Sell the property to do 1031 into a bigger and nicer San Diego property.  10% of proceeds will go to renovation, agent fees and etc.

But also, you'd get a better rate just buying your home with a home owner loan.