If she wanted cash in addition to refinancing the current loan balance you could also look at getting a HELOC on the property if you have sufficient equity to pay her back her portion of the equity owed.

Sometimes, it is better to pay the tax and put the money in something besides real estate if that gives you a balanced portfolio. 

It helps them clear their past due balance and often times they pay several months into the future too.

I explained I dont go to Indy in February and look at our balance sheet we have 20 projects going there..

Do they go back to the loan balance?

When you want to buy another property, your income must be sufficient to cover both mortgage payments (the new property mortgage + the higher balance on your cashout refi mortgage).

Balancing eagerness with an assessment of risks and potential returns is key.

The bank says your “insurance company” needs to pay off the $450k mortgage balance, where’s that money coming from?

I once listened to a radio listener call, where the listener complained that they'd been paying their student loans for 20 years and the balance hadn't gone down. 

Here's a brief overview of my current situation:SFH1Acquisition Price: $1.6MCurrent Market Value: $1.89MLoan Balance: $1.2MInterest Rate: 3.75%Annual Net Cash Flow: -$12KSFH2Acquisition Price: $2.15MCurrent Market Value: $2.2MLoan Balance: $1.5MInterest Rate: 7.75% (I'm considering refinancing in the next few years)Annual Net Cash Flow: -$65KDespite being proactive in educating myself through BP forums and real estate literature, I'm beginning to question the sustainability of enduring annual losses from these investments.