In general, if your existing three units are running well and you will cash flow nicely when you leave and there is limited cap ex, I would look into acquiring another property and leave the basement for storage, laundry.

I will say that mid July to mid August is always the slowest selling season for me personally every year so that could be playing into it some.

Other areas are much more seasonal.

This has lead to some very confusing tax seasons to say the least. 

Before I made an offer, though, I wanted to get the advice of some seasoned investors here. 

Before I made an offer, though, I wanted to get the advice of some seasoned investors here.

Most will also require at least 3 months of property ownership (seasoning) before you can refi with them. ?

You want to see something that has low or no seasoning for a cash out refi or that may require low amount of documents.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

You want to see something that has low or no seasoning for a cash out refi or that may require low amount of documents.What is your draw fee & benchmarks for the repairs portion of the borrowed money?

What's your experience as a real estate investor during this season?