All three properties have positive cash flow - not a lot, but I am not losing money.  

I don't want to just buy another house though if the cashflow isn't right.Thanks for your feedback Joe. 

I have two vacancies in two different markets and it has been extremely slow despite the positive feedback and price. 

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

Also you would not reduce the price because of the interest payment. that is not how it works.3. yes the note could be sold, but at what type of discount and what if the borrower stopped paying.while there are a lot of posts on seller financing, some estimiate less than 1% of all transaction have seller financing and the ones that do are first position only with an average of 30% down payment - most of these are to people who do not have verifiable income.Thinking you will get conventional financing then seller financing will be uphill battle as the conventional lender most likely will not approve a 2nd mortgage for purchase.not trying to dissuade you, just wanted to provide some key insights so you do not spend 1000 hours chasing something that is impossible to find.

This is a new venture for him so I'm not super surprised at the lack of feedback out there. 

That tells me that the lenders have a very positive outlook for first time home buyers.

The seller was willing to do a carryback in the second position and the bank was the primary position.

It seems from another thread that this is due to the fact that the fund is investing in 1st position vs previously 2nd position.

I would love to get some feedback on what the pros think.