Hopefully, now you have enough info to talk to your current CPA and get clarity, You are using the word "cash flow" and this could be income or a distribution based on the scenario you described.

They end up dumping more money into a sinking deal in hopes they can save their original investment.I think it's important to look at the quality of the syndicator.

That may allow you to save for another property faster.

If you have savings, you can still utilize the VA and put more down and that will increase your cash flow in the short and long-term.

But the more property you buy the higher the likelihood of being involved in a situation where asset protection above basic liability insurance can SAVE YOUR A_ _ !

Thar's gold in them ther' hills", if you know HOW & WHERE to look.We've got all of Detroit's 183+ Neighborhoods mapped on our website - which can help.DM us for more info...

They said that per California Revenue and Taxation code, they're asking me to provide them info such as the purchase agreement, rent rolls, etc. to assist them in doing the reappraisal of my property.  

If any one local has any info they'd be willing to share I'm all ears! 

Since flips are typically treated as dealer properties, profits are taxed as ordinary income.Please make sure your entire structure is properly analyzed for you to save most amount of taxes.

If that 1% saves you $7500-ish (or whatever the final costs are for the refi), then it may be a good idea.