And what say all of us, if the US dollar becomes shunned by the world, in favor of say, gold?

Lookie hereSo  I run to Mister Gold.

Well you see...many many people asked me how the heck I got this deal as everyone wanted to buy up these (town) houses as apparently they are gold mines I am now told.Well my silly muffins... ranking one on google will get you these deals!

@Marcia Maynard Wow, gold star for your wonderful insight! 

For folks who want returns in the present, out of state purchases that are managed by a quality property manager are worth their weight in gold. 

A good tenant is worth their weight in gold sometimes.

To my understanding the banks don’t usually show the house and you’d have to buy it “as is” but how do you know when you have a gem on your hands or fools gold?

They are still sitting on cash (or bought into the Gold hype) ...

We have a few good ones now, and good contractors are worth their weight in gold!!!

Here are the numbers I've calculated  based on 80% refi of all 3 properties, at 30 years, at 5.25%:Item                              Current                 Post-RefiCash available         $        0                   $300,000 +/- Cash Flow/Year       $   65,000              $  52,000 +/- Re-invest $300k from Cash out as 20% DP on more properties (there's an even better way than this too)& using the same ratios of ARV to NCF, you could increase your NCF an added:  $78,000/year; to $ 130,000/yearYou are sitting on a Gold Mine here, and you're thinking like a "homeowner"...not an investor...although you're not alone.Your Options:  Limited by the maximum Cash Flow from existing properties after complete payoff Max CF/Year                                                                                    =  $   95kCost to do this (pay off all mortgages using your cash)          =  $  456kNet result                                                                                        = - $ 361K  (that's a loss)REFI ALL Option:  Limited by ???????