I dont think you have enough equity to refi and consolidate the two. combining them puts you at over 96% LTV. cash-out will likely max you at 75% LTV of the $450k, so raising your rate on the bulk of the debt probably is not the move if you still have to bring in $100k to do so. is your 2nd going to balloon soon?

https://www.biggerpockets.com/forums/48/topics/1159104-overl...It will take a creative strategy or a combination of creative strategies to actually cash flow.Same thing here in Pittsburgh. 

The fact that with a Texas series LLC you can file ONE tax return for every sub LLC in the series combined, and operate out of ONE bank account, eliminates almost all of the “hassle” of utilizing a series LLC vs one regular LLC into which you place many properties.  

@A H.you may get people chiming in with advice on Kansas City or other out of state markets that they want to recommend to you, but I am going to be blunt.it is very, very difficult to cash flow right now unless you are using some kind of creative strategy (or combination of strategies).you might be able to use your HELOC to buy 1-2 properties... but if you use a HELOC for the DP + a mortgage, that will likely be so expensive that you won't cash flow at all and will be negative every year.

Nope $1.2mm both combined...650k on left, 550k on right Got it.

It seems to be a combination of wholesale becoming more popular (and competitive so upwards pricing pressure) and with more investors in the market, wholesalers are stretching deals to maximize profit.

Think of it as a portfolio mortgage and a first mortgage combined in one step to give enough security to have a low/no down payment for the new property. 

The combined rents will be between $7,500 - $8000/month.  

This would combine LTV, combine your cash-flow, and give you one mortgage payment for all properties within that portfolio. the benefit here is you'll likely see better rates, and you'll be able to leverage one properties good equity combined with another properties strong cash-flow.... but the down-side is if you want to take one out of that portfolio to sell or refi, "partial release" can be a challenge. also, most of these are not 30 year fixed, they're likely 5 year terms/ 7 year terms/ 10 year terms on a 30 year amortization... still stretches payments out, but you have to do something ab it again once the term expires. 

AI that can scan for flaw in home inspection and give accurate repair fee combined with AI apps that could give good comps , would be new winner.these are more door for tech innovation.