Quote from @Mary Jay: Quote from @Jay Hurst: Quote from @Mary Jay: hi guys,so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.I want to get some cash out of it via Heloc or another vehicle,  so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.IS there a bank that would give a HELOC/cash on a rental?

Con - lose any possible property appreciation over the next two years.

Rock crab for USD $3 per pound. 

Some properties actually lose money each month but gain value through appreciation.

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

Don't be penny wise and pound foolish.

The opportunity cost of losing potential market gains in your retirement fund should also be considered.

What's the point of getting cash flow if you lose all your capital?

- Land Contract would be better:)Question: how are you going to lose $2500/month if you rent?

Aren't they losing money?