@Michael FureyYou will 100% not get 100% out of the house on a cash out refi.

I've got cash ready to buy a few more this month.

We cash flow fine with a right size loan. 

My out-of-state clients love it here because they are able to purchase deals that are cash flowing, hits the 1% rule, and has lots of appreciation potential.

That would be ideal, as it would give you some time to cash them out and negotiate favorable terms.

Are you cash flowing the property?

Also remember that Real estate is a long-term play so even if the cash flow isn't a "home run" right now you can refi later and hopefully even pull out some equity you can put down on another one, bringing you closer to financial freedom.Thanks for reading BP!  

@Srini MalempatiLinden is a solid area for cash flow and it's proximal to downtown. 

Hey everyone, I’m a real estate investor looking to do a cash out refinance on a portion of my rental portfolio.

This is a problem with the majority of (although not all) of the hard money loan platforms, and one reason why I have had to resort to hard money loan funds to be able to actually invest and avoid having cash drag.