He has 80% liquidity to move into investment real estate and not 50-60%.

Home Alone is your favorite Xmas movie.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

I used to be a landlord and flipper in New Zealand until a couple of years ago when I liquidated my portfolio and moved out here to Pittsburgh.

I also think most markets won't see anywhere close 6% cap rates (for single family homes which is what I personally invest in).The questions you get to ask are then:Is the extra 4% worth the hassle of management and lack of liquidity.   

I have a feeling that liquidation is just around the corner. 

Quote from @Rebecca E.: @Katie MillerI came here because I just had my yearly with my new accountant.

Kholer 4.25" knap, lets max water flow in 2 seconds, result it never gets clogged, my favorite, they a re around $100 at the Home Depot 

That alone can kill a deal due to over the Max DTI limit.A cash out refinance is tax free and its an immediate liquid reserve so it can be used as an Asset or PITI reserves.

Rental income and expenses, such as mortgage interest, property taxes, repairs, and depreciation, can be reported on Schedule E of your personal tax return, regardless of ownership structure.