Now I know what you all are thinking -- that place is not going to cash flow!

The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

Property is cash flowing with a 3% interest rate loan for 50% LTV.  

What’s your primary goal for the cash-out refinance?

I have always feared debt but I'm finding myself high on equity and low on cash flow.

No I'm keeping it in cash and avoiding debt right now, but thank you! 

I look at cash flow, purchase price and prospects of appreciation.

I know the tax hit isn’t ideal, but I’m wondering if the long-term cash flow benefits outweigh the opportunity cost.

And because you can put so much less money down, your Cash on Cash Return is even higher.