In order to increase cashflow, you need to increase income and/or decrease expenses.

That being said, our population is not increasing; it is decreasing overall. 

I am assuming, your townhouse will also come with HOA of some type which even further will decrease your profit.

But I finally sold to a couple and once the county completes the code enforcement, the cabin will increase in value by 10-20% easily.If you put yourself in the renter/buyer's shoes, you should be able to identify what increases and decreases values.

Other places rent increased significantly like they did in my market (DC), with a ton of homeowners moving over to becoming renters, and their previous homes being in tied up in foreclosure for years, decreasing the available amount of housing.The market crash was what made me go all in on real estate.

Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money)  We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Current Mortage/Taxes/Insurance: $1,100/moCurrent Rent: $1,200/mo each side ($2,400 gross/mo)Cashflow: $600/moWe have spoken with two credit unions (and will look into more) and here is what the numbers look like.Lender 1: Will lend 70% LTVClosing Costs (Not including an appraisal): $6,900Interest Rate: 5.75%New Mortgage/Taxes/Insurance: Roughly $1,450Cash Out Refi would be roughly $28,600New Cashflow: Roughly $250/moMoney into deal after refi: $31,400Lender 2: Will lend 75% LTVClosing Costs (Not including an appraisal): $7,000Interest Rate: 6.25%New Mortgage/Taxes/Insurance: Roughly $1,600Cash Out Refi would be roughly: $41,700New Cashflow: Roughly $100/moMoney into deal after refi: $18,250We don't necessarily need the refi money to do another deal or two this year but it would obviously help although it would decrease (I think) the amount of money lenders would be willing to give.Does it make sense to refi even though we won't get close to all of our money out of that first deal, have a much higher interest rate and decrease cashflow by over 50% or would it make sense to keep our money in that deal with the much better rate and not refinance? 

@Thomas S. this is not about m-2-m lease but about relationship with Tenants.I use 2-year lease and always get new Tenants before the old one is moving.However, if it's October to March moving, I need to decrease the rent to get well qualified tenant to replace. 

Specifics:Duplex, bought/rehabbed for $210K ($60K of our own money) We owe roughly $150K.ARV: $265KInterest rate on current loan: 4.875%Current Mortage/Taxes/Insurance: $1,100/moCurrent Rent: $1,200/mo each side ($2,400 gross/mo)Cashflow: $600/moWe have spoken with two credit unions (and will look into more) and here is what the numbers look like.Lender 1: Will lend 70% LTVClosing Costs (Not including an appraisal): $6,900Interest Rate: 5.75%New Mortgage/Taxes/Insurance: Roughly $1,450Cash Out Refi would be roughly $28,600New Cashflow: Roughly $250/moMoney into deal after refi: $31,400Lender 2: Will lend 75% LTVClosing Costs (Not including an appraisal): $7,000Interest Rate: 6.25%New Mortgage/Taxes/Insurance: Roughly $1,600Cash Out Refi would be roughly: $41,700New Cashflow: Roughly $100/moMoney into deal after refi: $18,250We don't necessarily need the refi money to do another deal or two this year but it would obviously help although it would decrease (I think) the amount of money lenders would be willing to give.Does it make sense to refi even though we won't get close to all of our money out of that first deal, have a much higher interest rate and decrease cashflow by over 50% or would it make sense to keep our money in that deal with the much better rate and not refinance?

We got a slight decrease in the original asking price, but the financials still made sense and we got it under contract.

New Listing (1944) Sold (542) Rented (169) Leased (2) Terminated (223) Expired (1847) Back On Market (250) Extended (456) Pending (684) Price Increase (200) Price Decrease (1789) Withdrawn (199) Better deals are on the way.