I am just worried that if I go much higher there will be no positive cash flow left.

@Dan RomaThis article from a Dallas lawyer has a more reassuring answer, while this one from another law firm takes a more conservative position.

@Joe Yeh,Just a word of caution I have been looking at multi-family units within LA, Orange, and Riverside counties and not too many of them will be cash flow positive.

It's easy for me to say since I am not in your position, but I suggest voting with your feet.  

with the rate at 5.125% I'm paying -$80/mth.Now as with most people, I will put down 20-25% and "artificially" make this positive ROI. 

Has anyone had positive and/or what seems to be mostly negative experiences with this site?

Nobody is expecting much from borrowers on these loans. if your finances are run properly, you provide all stips quick and clean, and you know what you're doing, then you're in the best possible position. the lender will order an appraisal. if you buy one, they won't use it

Hello Michael Davila I agree with Harjeet Bhatti ideally you would want around a 70% loan to value for that one house, if it is the only house in your portfolio.If you have multiple the 70% rule I would expand to the entire portfolio.I am currently in the same position of trying to leverage equity in my first home for another deal.Let me know if you need help with anything and happy hunting!

I'd make sure the absolute amount of positive cash flow on the property makes it worthwhile after refinancing.

If interest rates go down you could be in a position that you would have to pay bank to get out of swap agreement.