But what about the interest on a cash out refinance?

Purchase price: $417,500 Cash invested: $37,575 Technically a single family by zoning, though set-up to be a duplex, with 3 beds and 2 baths per unit.

What is the cash flow after adjusted P/I?  

There are no tax deductions for such gifts, however you have a $15k per recipient annual gift limit that avoids the chore of filing a gift tax return.

- If so, 1031 into something bigger and easier to manage and then when you pass, the inheritor receives your property(s) at a stepped up basis - subject to Inheritance Tax limits.Otherwise, sell one every 1-5 years when you need the cash, so you can plan expenses to offset capital gains.

There are a few that do not have any seasoning requirement on a cash out refinance as long was there was rehab completed on the property.

Still tons of deals that hit the 1% rule and positive cash flow here and you get amazing appreciation potential.

Paid off real estate cash flows extremely well.

Really expedites the time it takes to reach FI when you can completely eliminate your housing payment and get into multis for such little down and start building equity/cash flow with each one.

You have to be able to have the full amount in cash within a few weeks of the auction.