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Updated 9 months ago,
Portfolio Advice (Need help)
Hi all, I need advice and help how to move forward. I am willing to email my portfolio. My numbers are kind of tight on cash flow due to a blanket loan (had to do to pay off lots of debt/rehab). They rentals do okay its just that I have to property manage them due to a day job so that cuts out $830 in cash flow. However, I want to see if it would be smart to refinance two properties to cash flow less on them in order to add 2 more to balance out the portfolio (cash flow extra $400-500). That could be risky too but otherwise for 2-5 months out of the year I could be breaking even or in red. Just my numbers are tight and trying to see how to move forward. If there is 1 vacancy I am okay but when there is 2-3 it can put me in the red for that month. Anyone willing to look at the portfolio and give advice.