Couldn't I pay cash for say a duplex, hold enough cash for repairs and other costs and after the seasoning period do a cash out refinance?

This will most likely be a higher amount per unit that say a 50 unit building since there are less units to cover capital expenditures.

ErikAre you suggesting 3500 watt single unit or 3500 watts spread across say a few 750 1000 or 1500 units.

As they say a part of a deal is better than no deal.

I say a 1031 exchange in about 5 years when the balloon pops. 

If you never sell it then you need great records to see over say a 20 year hold how you actually did..

What I am starting to see here; let's say a house is listed for $90k.

I’m not necessarily saying I’m a proponent of buying cash flow negative property or using this logic to justify it, it’s just curious to me why it’s so readily accepted to take money out of a paycheck for say a 401k, but not so much to put that money into a negative cash flow piece of property.

It seems to be doing pretty well but too early to say as we just bought the property in February and started Airbnb and VRBO in March. 

The thing is that with the original purchase, the down payment money will be coming from my account only (a heloc) - Will that be an issue with refinance if we do the refinance in let's say a month?