Quote from @Jared Khan: Hi BP - long story short, my cash is tied up in illiquid assets at the moment.

This way, you hold onto an appreciating asset without a heavy upfront cash burden.

So back to the drawing board....and yes, the financial piece has to make sense... 

However, years of financial struggles and competition from major players like Walmart, Target, and Amazon contributed to its decline.Following the closure of the Hamptons location, Kmart will have just one downsized store in Miami, Florida.

My recommendation would be to setup a living trust so the asset(s) do not need to go through probate.

Here are the numbers:Property 1:Purchase Price - 130k Current Zillow Estimate - 166kLoan Remaining - 100KCurrent Interest Rate - 5%If Refi - 6.38%Obviously at higher interest rate my EMI is gonna increase , but at same time I am adding an additional asset which would cashflow as well.

Hi John- they seem to be in a tough spot related to the Synapse Financial bankruptcy- they've essentially suspended operations and are trying to sort through the mess.

If it's a part-time investment hobby, then it might not make as much sense, financially at least.

Both tenants are on modified gross and believe that they are not financially responsible for the repairs needed in their space because it was not their fault. 

The LLCs pay the PM company anywhere from 7-8% of the revenue and the PM company oversees the assets and employees my staff.