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Rolando Irizarry
Pro Member
  • Investor
  • Pittsburgh, PA
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Forced to move due to new job opportunity

Rolando Irizarry
Pro Member
  • Investor
  • Pittsburgh, PA
Posted Nov 25 2017, 17:08

Hello All, 

I am just finishing up my renovations to my first Duplex in the Mt Washington neighborhood. I was looking to self-manage the property, however, a new job in a different city may affect this. My current mortgage is in my name, however, I was debating on switching from the FHA/203k Loan to a Conventional Loan based on the appraised value post renovation (even though, I should do this after the house has a track record for performance to appraise on the cash flow that the house can operate at).

Questions I have:

Does anyone have a Mini-checklist on actions that I should perform before switching from local investor to a distant Investor?  I don't really want to sell just yet, as I might move back to the area. 

Is there a big difference on when I finance out of my FHA, immediately after renovation or after some time of performance?

Any Property Manager recommendations?

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