We’ll probably be going through the pre-approval process 2 months out (January 2023) from when we want to start actively looking in March.

If you are going to pull a HELOC on property A to acquire property B, and plan on refinancing property B to pay back the HELOC on property A, then you need to somehow add value to property B so that you have cash to pay off the HELOC.

I also noticed the transitions from poorer areas to more B and A class areas.

It’s still a sellers market Just not an outrageous one like in April and march 

It's ripping off the proverbial band-aid, but it's almost guaranteed the inherited tenants will not be willing to pay what the rest of the world would for those units.

Purchase price: $98,000 Cash invested: $60,000 Sale price: $218,500I Purchased a fire damaged property that I funded with Hard money in March 2021.

For the fully vacant units we have I have them listed for a group or family that would like 4 b 4 b and they haven't moved. 

Escrow closed this March, and I'm almost done rehabbing it; my out of pocket expenses (closing costs + rehab + mortgage holding costs) are running close to 160k.

I'm a new real estate agent going on my first year in March of 2022.

Thanks for the advice, I have some equity but bought my home I’m March 2021 and I think I have to wait at least 9 months to refinance?..