NJ is a big one—places like Newark, Paterson, or even smaller towns have better cash flow potential.

Purchase price: $275,000 Cash invested: $275,000About this homeBeautiful 2 bedrooms 1 bathroom condo in the convenient location of Rowland Heights, close to bus stop, supermarket, schools, shopping centers etc. newer counter top in kitchen and bathroom. 2 parking spaces and storage room.

Recently, management changed it so both loans can be made with one payment versus two separate transactions. 

Since you’re already networking and have some good realtor contacts, focus on narrowing down your investment strategy (like buy-and-hold or house hacking) and target markets with solid cash flow potential.

Purchase price: $205,000 Cash invested: $60,000 This was the first property I purchased.

One option could be using the equity in your business rather than cashing out entirely.

I personally would stay away from condo-tels as they will be even worse and you'll have less opportunity to cash flow. 

The RTP at 13.30 signals strong rental demand, making it a viable option for those looking to maximize cash flow.

If you have an immediate need for a large sum of cash, I'd lean cash out.

Just wanted to mention that the cash out refinance funds are not tax free forever.