Hi Henry, My strategy is to buy and hold.

Investment Info:Single-family residence buy & hold investment in Westland

Even though we initially were not planning on holding properties long term, the market softening communicated we had to adapt to renting properties.

I'm stuck because I'm a rookie that definitely wants to buy, hold, and manage multifamily rental properties. 

We have never had an issue with that before- if you may consider buying in the next couple of months, I would encourage you to hold off on opening new lines of credit.  

Additionally, I wholesale deals and we buy & hold, currently holding rentals in Milwaukee, South Milwaukee, West Allis and Brown Deer.We are having a real estate investor networking event on February 8th at Freight 38.

Look into options like traditional mortgages, home equity loans, or private loans.Get the property ready: Once you have your property, prepare it for short-term rental.

@Benjamin Sulkayou may be already doing the following, but figured i'd throw them out:go to every REIA meeting you can find, including ones 1-2 hours awayform your own mastermind of aspiring house hackers and meet monthly to hold each other accountable

Investment Info:Single-family residence buy & hold investment.

However, the bigger question is what are your monthly holding costs, the market price of the home and the discounted price you were considering selling for.Comparing all those numbers will give you a better indication of what the right decision is.