In either instance, you were able to use the cash out for something and if you had left the interest rate alone, over time you would come out ahead (unless of course he put you into an interest only loan or something crazy).You're right that refinancing so many times can eat up your principal and since you were the one that signed the papers, it is your fault, but I stand by the assertion that no one got rich on one point.Stephanie 

@Tanarat BunchomOn my flips, I just got started in the Scranton area, and I don't have the experience, but I could see that the North Scranton area like Greenridge, and the surrounding areas like Taylor, Dunmore, Old Forge, Olyphant, ect are definitely desireble areas, for instance in Taylor I am finishing now a flip, and people are keeping to ask me if I wanna sell it before it's even on the market. 

Sometimes this works to your advantage and in other instances it makes these properties obsolete. 

Revenues can fall like a stone in any # of instances.

In each instance, fault was on person B (Yourself in this scenario) and NOT on person A who the tree trunk was on there property but limbs overhanging neighbors, AS LONG AS they had readily allowed and made no conflict to person B cutting out/down whatever was projecting onto there property line. 

There are many nuances to the liens on properties and in some instances you could be buying a note in a second position that actually doesn't give you the right to own the property above the first position.

(prorating utilities by tenant head count for instance). 

If the block is crime ridden, in so many instances what you put in it one day is gone the next day.

For instance, I'd buy any functional house for the price of infinity, if I could only pay $100/mo for perpetuity. 

I am against subto and very vocal about it - in this instance if you can get a property for $95k that someone is going to pay you $158k in 11 months from now....