Hi everyone,I’m looking for some direction on next steps and would really appreciate collective guidance from this group.Here’s a snapshot of my current situation:Portfolio2 single-family homesOne is my former primary, now a rentalOne is my current primary (previously an investment property)2 three-unit multifamily propertiesEach worth approximately $1MOwned 50/50 with a partnerRecently refinanced at 75% LTV, 7.1% rate, 3-2-1 prepaymentEach cash flows about $800/monthFormer Primary (Rental)Rent: $6,200/monthMortgage: ~$7,400/month (FHA loan at 6.625%)Value: ~$1.1MNegative cash flow of ~$1,200/monthI did a cash-out refi ~2 years ago (pulled ~$200k to fund multifamily investments), which raised the rate from ~3% to 6.625%I’m unsure whether I’ll realistically be able to:Refinance into a better rate or out of FHA in the future, orIf selling once the tenant leaves is the more prudent option to stop subsidizing the propertyCurrent PrimaryPreviously held in an LLC as an investmentHigh interest rate (~11%)Now in the process of a rate-and-term refinance after moving it into my personal nameTargeting ~75% LTV (value ~$1.5–1.6M)Considering adding a HELOC post-refi to create liquidity for future investmentsIncome & GoalsCombined W-2 income: ~$310kGoal: scale cash flow aggressively enough to eliminate the need for W-2 employmentPortfolio cash flow is modest on a consolidated basisAppreciation has been strong, and I’ve used cash-out refis to continue acquiring and stabilizing assetsChallengeWhile multifamily and BRRR strategies have worked for equity growth, the timeline (8–12 months per deal) and resulting cash flow haven’t been sufficient to replace active income quickly.

If you consistently make these extra payments, you can pay thirty-year loans down much, much quicker than thirty years.

My thinking is take the $26K as it would take me 10 years to accumulate $26K at $200 extra a month!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Best to work directly with the engineering firm.Yonah is correct too in the 100% bonus offering extra benefit.

I opened a brokerage account with fidelity, and added 20 shares of schd,  and I share of dgro, I also am starting to purchase treasury bills.  

You are looking at two principles: dampening by adding mass and insulating/decoupeling to stop the transmission.

Staying active in those circles keeps my pipeline full without having to chase ads.

Spent the year fixing it up, bumping rents, adding a bedroom and doing 2 unit turnovers.

Sounds like you’ve already dipped your toes into real estate by renovating and selling your own properties, that’s a solid start, especially with firsthand experience in adding value.