My husband and I are looking at an investment property that comes with a tenant locked into a lease until March 2019. After crunching the number we would only cash flow $100/mo and has a poor cash on cash return but ...

We might have a short time on this planet, why make it harder by taking unnecessary risks?

Aside from the fact that I'm going to get fined on not paying it in time (and since their deadlines are so short, I don't see how I can ever get out of that cycle yet), any ideas how to pay it?

The idea would be to buy a house for short rental (AirBnb or longer period). 

For a 3 br 2 bath, depending on the area, I’ve typically seen 800-850 for rent.I think that combined with the financing being on a 20 year amortization is where this deal falls a little short.

Our first deal will officially be in the books shortly!

The music industry has expanded beyond country into pop, R&B, and rock.

The short answer is that you can absolutely do a cash out loan on an investment property but working with any large bank is out. 

The short term goal (next 6 mo.) is to find and close on my first multifamily deal here in Southern California. 

All you need to do is put it into an investment that comes out in a short period...with friends ($$$$), then put it (and the friends) back in again, and keep repeating this.