Can I do a HELOC on the remaining equity and use that to buy a second one with the cash I have from the refi?

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Some of the best skills I've learned are basic real estate math and finance —being able to analyze potential deals to see if they are feasible and can generate good profit or cash flow. 

They are seeing the potential Detroit has for outsized appreciation as that story continues to unfold and take root as the new narrative.And they love the fact that they can still get cash flow.For a benchmark, we did 200 transactions in Detroit in 2023.

My question is how many times can you refinance.

We have a cap on the # of STR permits you can get. 

@Ashish Acharya can you please elaborate on your statement "you can use REPS through your wife [to offset your 2024 W-2 income] by combining your time for material participation"?

Can you offer me some insights - Pros and Cons - to think about?

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

I have an interior design business, perhaps I can point you in the right direction.