Please keep in touch if you pursue wholesaling.The demand is so high, and rent to values are creeping up in many of the areas with great school districts, and thus cash-flow is hard to come by, especially if one wants/needs property management. 

Yes I considered a 1031 exchange but didn't want to be forced into purchasing something else with such high interest rates.

HIGHLY recommend you STOP watching S8 YouTube videos and spend more time here reading posts about S8 to learn reality not hype.

Determine whether you want to keep them, then determine whether they want to stay or not.I highly recommend you buy a book on how to manage rentals.

I recently stayed in an MTR in the South Bay area in LA and demand there is strong but price points are super high both for property values and nightly rates.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

I know construction loans have really high interest rates, around 11% , so is there any way around this??

Interest rates are just one factor in the equation.You can offset high (er) interest rates by buying lower priced properties or fixers, or putting down more cash, or having a desperate seller do partial financing or buy down the rates...So if rates stay above 5% for the next 5 years I think 2 things happen: 1) More experienced/less timid investors have a huge advantage for a while, 2) eventually when everyone realizes this is the 'new normal' then things just go back to normal with slightly higher rates.But what do I know?

If you cash out 100% of your funds, you are most likely not going to cash flow with how high the rate would be. 

I would like dabble in Texas, but the high property taxes along with high mortgage rate make it difficult at the moment.