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Updated over 17 years ago, 06/14/2007

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9
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Too much cash

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Posted

I purchased 3 townhouses about 5 years ago in the $200,000 range. They are now appraised approximately at $300,000 each. My mortgages are roughly 175,000 each. Each generates about $300 month cash flow.

I would love to hear some ideas on getting some equity out without losing my cash flow position.

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