When you do a cash out refinance its cash in hand (liquid reserve) so it can be used as an asset or for PITI reserves on the next purchase.The other downfall is if your credit score should drop for any reason which can happen even my accident or mistake the lender will close or reduce the Heloc credit limit.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I definitely made some mistakes, but nothing really bad that I couldn't recover from.

The contractor I hired to paint interior of home has left it incomplete. He also removed a whole house alarm system without telling me. He explained he had to in order to paint the home properly. He does not plan to r...

@Jesus C. tryNARPM.comAlso, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

You may not cash flow that much, but over time you will eventually get there.I'm doing this myself, but made the mistake of not doing a 203k loan and put most of my funds into renovation with cash. 

Just keep in mind that the people here are human, make mistakes, and do things "their way," and you should always do your own diligence on whatever questions you ask.

You've already let her know it was a mistake as you thought she'd been given notice.

Its a very costly mistake to get wrong! 

If what you said is the case then so be it, I’ll learn from mistakes