Hope to see you at future meetups.Best,Michael

@Richard TrangWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

I'm located in Central Washington (Wenatchee Area) and I have a Cash Out Refinance scenario that I need a solution to and i'm hoping you all can enlighten me on some ideas or referrals.We have 2 properties (1 - Four-plex, & 1 - Duplex) with 2 loans that we would like to consolidate into 1 loan on the 4plex with the duplex then owned free and clear to make available to open a LOC for future investing opportunities as they arise.We owe 158 on the 4-plex and 91 on the duplex for a total of 249kthe initial appraisal came back at 300k for the 4-plex but it's very low for our local market.

Also, any advice on a future strategy i can do with all the equity? 

If you need multiple spot repairs, you might want to check the cost for a trenchless replacement of the entire sewer line.Another couple things I'd recommend for the future:1.

And if you plan on using a real estate agent to rent out the unit in the future, then that is an additional cost to factor in. 

Not a problem, because I'll hire a licensed contractor in the future, a painful lesson learned.

However, the shade is a good selling point for future tenants, while the gift card is one and done.

My lender (bank) transferred one of my mortgages to another bank with instructions regarding where to send future payments.

Are you worried about the ARV because you will be selling it in the somewhat near future?