Hi Nicole, it sounds like you're in a fantastic position with your buy-and-hold strategy, especially locking in a 2% interest rate!

It’s designed with investors like you in mind—where rental income speaks for itself, and there's flexibility to match your community-driven goals.Feel free to reach out if you'd like to chat or share ideas.

Building strong relationships with lenders is key working with local banks or credit unions that understand the market can give you an edge.

Or a young couple, with sweat equity, who want to make it their forever home.

It’s a tried-and-true way to build long-term wealth, with tax benefits like depreciation and the ability to leverage financing.

Buy with moderate leverage2.

I currently have a HELOC with Wells Fargo for an investment property I own in Brooklyn, NY, which the draw period will be expiring.

@Devan Dorzokdon't buy something out of state that you haven't personally seendon't start with a major rehabdon't trust spreadsheet mathstart with a house hack

The questions that I am trying to work through are what to do with locked equity and where to go next.

@Ben Magee, In my state (PA) a tenant may break a lease WITH NO PENALTY if a unit is uninhabitable for an extended period and the landlord has been unable/unwilling to correct it.