Your total expenses (not including debt service) is coming in at 30% of GSR, that's really low, like REALLY low.

So the first part of that was a cash out refi on my condo(it’s SoFla, I owe 89k, condo is worth 138k now) to get money for my first multifamily property.The advisor I spoke to worried because I’ve only been “self-employed” for 6 months, she said they want 2 years of proof of self-employment.Any help on how to get my cash out refi so I can finally get on my path to Invest in Real Estate, financial freedom, and spending time with my family!

Get creative financially if you have to.

Numbers are as follows....This is my first deal and am looking for some more experienced guidance.Monthly Gross Rents: $3700Laundry & MISC: $100Annual Scheduled Income: $45,600Vacancy 2% & Loss: $1000Gross Income: $44,600Expenses:Taxes: $10,000Insurance: $1500Trash: $600Lawn Maintenance: $800Snow Removal: $500Gas: $500Electric: $1300Cleaning/Janitorial: $900Repairs: $1000Turnover Replacements: $1500Legal: $300Total Projected Expenses: $18,900Projected NOI (before debt service): $25,700

He says,"I buy well within my means, with a rock solid personal financial foundation, and spend extremely little on my lifestyle.

The current tenant already qualified for the financial aspect so you should be covered there.

It ebgages and makes for a more resonsible resident.What we believe, feel or think is irrelevant for the financials of a real estate business.

One of the BP books I ordered that I am interested in is Raising Private Capital, which is essentially a how-to guide for almost anyone in any financial position and how they can continually build their portfolio by working with others and their money.

I think I've hit analysis paralysis stage with 1 property in my rental portfolio and would appreciate some financial advice, specifically - based on the numbers, does it make sense to hold long term, or 1031 into something better? 

Expenses beyond debt repayment will be only a rough estimate.