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.

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.