My thought is no, as my LTV will be less than 60%, even if I re-fi at $40,000 (to get a little cash to help pay for new flooring and paint).- Do you all find condo's to be more problematic because of potential assessments?

Hello, Looking to re-fi my home and extract equity in the process.

@Colleen F.  I

I would get the facts from your lender and see what it will cost & how the numbers would look if you were to re-fi the property.Also, it never hurts to protest your tax valuation to see if you can find some savings.So: Call your bank, see what your numbers would look like with a re-fi.Shop for insuranceProtest your taxesLook for a new PM/evaluate your rents vs market rent.If you think you can bring the property into the positive range, after all that is done, then go for the re-fi.I would avoid holding anything for negative cash flow unless you have tons of money, you can't afford to hold too many negative deals for too long before you end up broke.Just my two cents worth.  

@Colleen F. I

I have properties in NC, SC and one in NYC the one i would like to bring up is in SC I bought a fourplex all rented leases in place BUT all four leases were cheep the apartments all looks like Vietnam going through the DMZ bombing raid. so I sent all 4 tenants a 30 day notice that they are to move within 5 days after each lease has ended we rehabbed the entire building as each one left pulled the carpet and got started. we have now finished half the building invested about $30k and re-rented the two finished apt's each went up by $250 a month plus pet dep and extra rent for the pets. and this took all the RIF RAF out and even got a thank you note from the local police and the mayors office for what we did. now in saying all this SC is VERY, VERY Landlord Friendly no rent by the 5th pay $40 bucks for first notice to pay or remove no rent still they have 10 days to pay or leave after that 14 days later the sheriff;s office removes the tenant and retake possession.

Change your Wi-Fi network name to something like "IHearYouAt2AM" or "wokeupfromloudsex" and hopefully when she's looking to connect to Wi-Fi she sees it.

http://www.biggerpockets.com/files/user/MehranK/fi...If you are looking in the Raleigh area, we use Wilson Property, very happy with them for years now.  

@Colleen F. I

Originally posted by @Mike F.:I