However, I'm in the middle of a cash-out refinance of an investment property I already own.

Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?

"can't find a cash flowing property" - Welcome to the club!

I know many investors go out of state for buy and hold properties to generate passive income, but is Blythe a lucrative market?

@Brett K. we manage in Class C areas, so have to deal with this a lot.Options:1) Boardup - pretty useless as easy to rip the off and advertises the property as vacant.2) Armor Guard door frame reinforcement with temp double-key deadbolts.

If your interest payment is $8,125Your stocks have to make a dividiend of about $11,000 of which you would prolly pay 15% to 25% in federal / state taxes / NIIT.Assuming you will make a 10%-11% return is not guaranteed.You will also feel good about having a paid off property(relief).Furthermore, your credit score may go up with a paid off property.Best of luck!

We now invest in the Detroit market place where we have established a great team on the ground and are finding properties with great numbers.

When someone buys a property using SubTo, does that make then legally responsible for the loan?

These properties include different foreclosures and those that sell below their market value.

I currently use Gold Key Property Management in Anderson IN, and have been very happy with there services.