I have NO connection or payment for anything I just said. haha.

Some want non-descript very basic properties in older neighborhoods. 

At the end, subtract the mortgage payment and cap ex reserve (depends on age of the property, but 2.5-10% of gross rent received) and arrive at cash flow.

This has thrown me for a loop now because my mortgage payments have gone from just over 3k  to 4.5k due to the increase in property taxes as well as my insurance increase.

@Kelvin HeNo it will not as you are responsible for the debt.If you refinanced into a DSCR with no recourse or another type of non recourse loan then you could remove them from your dti

This if for NJ, do we know what timelines we are looking in terms for payments from the state ?

Currently, appraisal work is significantly down, since the refi's are generally non-existent as many homeowners refi'ed when rates went very low during the pandemic.

Correct me if I am wrong but Joe Schmoe with no experience and no education can call himself a financial advisor.There is no governing body that administers the term 'financial planner' so I put litte weight into that title / profession, whether it is fee based / non-fee based. 

My dilemma is this: I would ideally like to wait until I have emergency cash reserves to cover 6 months of mortgage payments for all 3 properties.

Good Evening,
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