You can get good cash flow and solid appreciation at the same time.

I was thinking I could cash out refinance and short term rent it.

Do you have props, cash crews? 

My properties in 2 states account for about 80% of my cash flow, but the 4 SFH I have in Birmingham account for only 20%.I don’t want to sell as I’ll incur lots of tax (as they were part of a 1031 in the past), but wonder any strategies like seller finance, etc that could possibly result in higher returns on these properties.I am curious what other BP landlords do when a few properties in their portfolio aren’t pulling their weight….Thanks!

At best I’ll be able to find solid properties that will be self sustainable and cash flow in the positive side of things.

First 10 years is interest only, then after that you start paying principal/interest, but you can pay off the credit sooner and then as you pay it off you can invest in more deals once you get your other properties cash flowing to cover the debt service.

Lending Issues on CondosWhen you're looking to purchase an ocean front condo or investment condo, I highly recommend paying cash if you can and here's why.

There is also some states with specific laws, such as in California you must offer at least one other method of payment that is neither cash or online payment.

The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.

I want to purchase out of state for a number of reasons (Landlord/tenant laws, tax purposes, purchase price, cash flow, etc...)