Cash out refinance: Hoping to get 70% LTV from current strip mall commercial property. 1 unit owner occupied. 30 year term.

feedback from successful small Multi-Family investors in the Charlotte MSA and Southeast to gain your thoughts, experience, and outlook on the current and future market for this kind of product.

An investor buys the liens, thinking he/she will end up with a property worth, in its current condition, perhaps $40,000. 

So that will have more first time buyers looking for years and have to keep renting because they can't afford the higher priced homes they want with current interest rates.

I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). 

Don't look now but the 10 Year US Treasury is dropping like a rock over the past week currently hovering below 4.1% ahead of the FED Rate decision. 

Hello Community:I have currently rented a property to a tenant and signed the rental agreement in the name of Trust.

We keep selling within 2 weeks because we price our deals below the ones that are currently active.

I have never invested in real estate, and if I get Europe, what do you recommend I start studying (legalities, policies, trends) and where can I find the necessary resources/education to prepare to look for deals in Europe?

For some background...I am currently a renter in the City of Chicago and am new to real estate investing.