If the triplex has equity, tap that to purchase addition cash positive earning property.If the Triplex isn't cash flow positive, then that would be the time to think about a 1031 exchange into something that is cash flow positive.Everyone has to think about their personal goals when investing, short term and long term.

Additionally, @Parker Cox, Kevin Fox, and I are working on setting up another meetup soon, which we will post about on BiggerPockets when we have the details ironed out. 

You can also contribute to an IRA in addition to your 403b and those funds can be self-directed immediately.

Up date one side by adding additional bed and bath (the other has already had this done and is in excellent condition)ARV: 475-500KMonthly income: $3200Monthly expenses: $2283 (mortgage, fixed and variable expenses, future assumptions) see below-monthly P & I: $1622- fixed expenses: $340/month (water/sewer, insurance, property taxes)- variable expenses: 2% vacancy ($64/month) , 5% repairs & maintenance ($160/month),  cap exp 3% (96$/month): No property management since we do this ourselves for our rentals.- future assumptions: 2% annual income growth, 5% PV growth, 2% expenses growth, 6% sale expensesBigger pockets tool sheet with above data:Cash flow: $916/monthCash on Cash ROI: 6.65%-7.57% depending on rehab costsPurchase cap rate: 7.15%I know this does not meet the 2% or 50% rule but it seems like a good investment for the area.  

Additionally, most of them don't have the funds to actually market on their own so they use other people's leads.

I could probably pound the note down below $429,000 pretty quickly, but don't want to be saddled with a higher rate for 30 years and would also like to avoid paying an additional $3,000 or whatever it is to refinance again later.

Starting with a commercial property (5+ units) will be pretty tough.Factor in you'll need 35% down payment in addition to a ton of other closing costs.

Can I charge an additional pet deposit and monthly pet fee?

Is it generally understood that in-order to get a pocket listing from a *commercial* multi-family broker, you will have that same broker represent both sides of the transaction (i.e. there is no additional "buying agent" involved?)

Do we accept putting additional cash into our first deal or do we keep our eyes open for another deal.Original Offer:Price: 153k ($31k into the deal)Anticipated rent: $2,000k/monthOperating expenses: $9.4k / year (includes management, cap ex, vacancy, taxes, insurance, etc.)Cashflow: $4.2k / yearCash on Cash return: 13.68%The appraisal came in at 146k and they raised some very valid points on why the property was not worth 153.