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.

Who's getting ready for cash out refi's?

And I expect to refinance into a lower rate or do a cash out refinance to buy another property before six years.

Purchase price: $189,000 Cash invested: $90,000 Sale price: $375,000 Our first flip.

You can raise the deductibles; you can make it actual cash value or functional replacement cost! 

In Cleveland they cash flow well and you can build a foundation of knowledge this way and a base you can expand upon in the future if desired. 

There's still tons of positive cash flow and deals that hit the 1% rule plus amazing appreciation potential!

If you are using cash, the title company will go with whatever you tell them to do.

I assume your dad is giving your sister cash in the amount of the discount he gives you on the house?