You are LOSING money because you didn't even raise rents to cover those increases!

Use that sales money to buy more stock. 

Trust me; you don't want to miss those crucial dates and risk losing money or even blowing the whole deal.

A couple of months ago, I purchased a property using a hard money loan for $115,000.

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

I tried it in an apartment complex and it was an absolute dumpster fire and lost a lot of money.

On the other hand, maybe you are going to lose some personal income due to retirement and want the cash flow.

By your own admission, you are losing money.

But I didn’t need to worry–they had a lot of money!