Hi folks,Real quick, I have an investment property that currently sits on 2.99% on a 30-year fixed and I have about $155,000 in equity that I would love to start investing in; mainly BRRRR's.

Thank you, I've previously requested a copy of the new Rules & Regs, and now have also submitted the request stating I need them even if I need to order and pay for a whole resale disclosure package, although that shouldn't be required for a long-term owner who just wants the Rules & Regs 

I'll keep folks posted about my experience.Thus far I've had two 30 min  getting to know you conversations with the advisor.  

That means you are paying money to have someone rent your investment property unless you can rent for another $1000.00.My first question would be what is your equity position on the home?

You pay absolutely NO points; the seller pays them all.

My main focus is really to reduce the number of closings (due to fees) and to pay the family member back for helping cover some previous work.

You’re probably cash flow negative on your current property and then have to pay rent in the new city.

@Jack Anderson - I also agree with the other folks - you need a real estate focused CPA that really understands these issues and the subtle nuances involved in all of those different areas.Many CPAs are able to serve you virtually and you'll want to make sure you consider that as the talent you need is probably more important than that person's physical location.Best of luck to you!

If your main driver is saving money please pay the professionals.

Currently occupied by a section 8 tenant on a year to year lease. currently paying $1805Cash flow = $800- I left out some CapEx expenses in the report, as this is a newly renovated home, but will account for everything once I dive deeper into this potential investment.