I may be putting the cart before the horse but... can you pee qualify for cash out refinancing before you buy a property?

Unless your bank has a great employee deal a broker is always your best option and a team member you will need in the future.You are young, investing and growing wealth is not a race and if you think it is you are about to have a rude awakening.

Id love to get the info straight from the horses mouth.

Since I don't have a need to drive to the barn anymore (and the new neighbor's own no horses) access is no longer an issue.

Glad to hear you have seized your future and decided to escape the rat race.

We could say all kinds of things about how he could have avoided it, but any advice in that regard is like closing the barn door after the horses are gone.I suppose he could fix it up and just live with very low returns (probably not too much better than with a bank CD but with a ton more risk), or try to sell it now and just cut his losses and move on, hoping to do better next time and make his money back on the next deal.  

That is putting the cart before the horse.

Its in a cul de sac and have three families owning there and its a mixed race families.

Well you said it, find the deal and the buyer that deal fits and if you are true to the numbers, you will be off to the races.

I love my day job, so I'm not trying to escape the "rat race" per se, but am building a real estate portfolio on the side - because it's fun, and who doesn't want financial independence?