But.....There is simply not enough information in this scenario to offer you anything of substance. 

Many REI think that it ends there, that just because the equity grows, your profits also grow. 

There's a Yale lock and I have the code, so far so good.

Hey there. 

Financial wise there are a couple things to consider: -When considering the property taxes, ensure it is based on reassessed tax amount, not current tax rate.

This is unlike any other course or group out there and I have been in several.

Assuming you have access to MLS (Multiple Listing Service, a place for agents to list deals).1) Look for deals that look like investor-type of deals (e.g. low purchase price, ugly houses, or sometimes MLS will even say what type of financing it is)2) If the buyer's info is there, voila.  3) Otherwise, contact the realtor to look for leads (that will be more of a uphill battle, but you never know...)

Hi Pricilla,There is no down payment on a refinance (only for purchase) but you have to "leave equity" in the house when you refinance a house bought with cash.When you do a cash out refinance, your closing costs will be subtracted out of the refinance loan, so no you do not come with any cash to the closing table.Yes, you can use the cash out proceeds from the proceeds to buy another property.

Detroit's got the advantage with the Red Wings since the Barons left in 1978, so I guess there's that.

You're going in with eyes open, I still think there's value in talking to someone.