When I run the numbers on properties in San Diego, they do not cashflow positive, even if I had the funds to invest. 

The purchase was financed using Partner Driven’s reliable funding resources.

HOWEVER, when it came time to fund the loan - he started asking for MORE FEES!

But they have the affordable priced properties......in comparison to the top non affordable states in the union. its also forcing us local guys out to the Andersons and kokomos too because we cant compete with the large funds bank account.

Additionally, don’t overlook the opportunity cost of pulling money from your 401k—those funds could have been compounding in the market.I’d also suggest stress testing your ROI by running scenarios with higher expenses or lower rents to see how resilient the investment is.

I'm actively working through this process somewhat now so I can roll funds into a bigger boutique hotel project.

If you have a couple of rental properties with some equity, and you're looking to tap into that equity to fund more investments, what would you do?

Randy I am afraid rates will go up a bit after Powell's press conference as he may indicate that they are likely going to pause on fed funds rate cuts. 

Having the account labelled "trust account" or "escrow account" is important, as is keeping funds separate from your own, as is the account being held at a NC bank.  

Have you assessed how some of the repairs will be funded?