You might want to think about this plan more.So, the simplistic way to answer your question is if interest rates come down, do the math on how much your mortgage payment will go down if you refinance. 

Fix & flip is a great way to build momentum, and it sounds like you’re laying the right foundation by doing your homework first.

The letter they sent me said it would take 45 to 60 days to get access, which would have been horrible.As soon as I got access to the account I had a lot of home work to switch over all my accounts from my last bank.  

@Joel Clifft Congrats on running the numbers so clearly, Joel looks like you’ve done your homework.

I once met a homeowner facing foreclosure and jumped straight into the math — equity, arrears, options.

The math is definitely tight in a lot of zip codes right now—especially with retail prices, higher rates, and full PM fees.

If the math works, $750K could be solid, but confirm zoning, density, and build feasibility first.

I would suggest you do a lot of home work on the company that wants to rent your home for this.

Not all HML are the same...and you can certainly work with who you wish...but just know, if this math is accurate, then there shouldn't be anything out of your pocket.Now, with the draws I want you to think about how a normal contractor is paid. 

If you’re just pulling cash without a clear plan or strong numbers then yeah you’re taking on extra risk.It’s less about timing the market and more about making sure the math works with today’s payments.