I keep a working amount in my business account, enough to get through most repairs, etc. anything more I pull out of the busIness and invest with my personal funds (money market, mutual funds, etc).

Paul I'm actually in Washingtonville :)Newburgh is definitely interesting, keeping on my radar, but not yet ready to pull the trigger. 

it can still close and record  or  ( settle)  if the gross sale price minus the mortgage if any leaves room to pay the IRS lien if its recorded and since this is last minute.your closers there ( assuming attorney outfit) probably waited to last minute to pull a title report.. and this jumped up.specific performance is a long drawn out legal action.. which most folks wont do..

Stay with it and do as much research as possible before you pull the trigger on your first multi family.

They pulled too hard on the screen door, causing the attached metal rod to rip out a few pieces of wood from the frame.

Even though Quicken already pulled my credit I'm thinking I need to talk to a different local lender.

To best identify true value, I would look on the MLS or utilize an agent to pull comps for current condition and ARV comps. 

would think your laws in CA would be the ones to check on.. sounds like this probably does not have a happy ending .. but maybe the lady with the 3 kids can pull it off. 

Hi...I have a question about refinancing rental properties and pulling out money. 

I’d like to pull out a HELOC on my property to pay down some outstanding debt and perhaps close my first rental deal.