I'm located in Central Washington (Wenatchee Area) and I have a Cash Out Refinance scenario that I need a solution to and i'm hoping you all can enlighten me on some ideas or referrals.We have 2 properties (1 - Four-plex, & 1 - Duplex) with 2 loans that we would like to consolidate into 1 loan on the 4plex with the duplex then owned free and clear to make available to open a LOC for future investing opportunities as they arise.We owe 158 on the 4-plex and 91 on the duplex for a total of 249kthe initial appraisal came back at 300k for the 4-plex but it's very low for our local market.

Then make low monthly payments until the next deal comes around to get more cash.Best of luck! 

I know that house prices are inflated here much like the rest or the country but it also seems rents are low. 

I have read J L Collins simple path to wealth and he recommended vtsax because of the fees being incredibly low.

Lots of development that comes on-line 2 years late.All that being said, there is one market for high rise condos and different market for homes/ low rise property.

The vacancy % seems a little low to me.  2% means that in-between tenants the unit will be vacant for only 1 week each year. 

Two, more importantly, it works now in certain parts of the country because of their low capital cost basis and more importantly, the current low-interest environment, which allows them to own SFR as rentals with bare positive cash flow in lower-priced markets.

It would take a 4.5% ROI just to cover your admin costs and break even.You could look at simply opening a self-directed IRA with a low fee custodian like IRA Services Trust Co in the Bay Area or Kingdom Trust Co in KY. 

You can purchase with a low down payment for example 5% with an FHA loan.

You provided a good example whereas you have a minimum score standard regardless (500) and then you also look at a combination of a low score vs. bad debt.