I am working on a website right now that will highlight data from the SEC for those funds that have red flags.

What if they want to work with a different property manager?

Since it's a non-deductible contribution, you'll only owe taxes on any earnings between the contribution and conversion.Pro-Rata Rule: Since you don't have any other IRAs, you can avoid this rule, which taxes conversions based on the ratio of pre-tax and post-tax IRA balances.

I never imagined I would sell or refinance the 2 best ones because I have 2.65% mortgages on them and they cash flow well, but want to make sure my equity is working up to it's ability for me. 

I am mainly looking to connect with investors, but if you are an agent that works in the city I would still appreciate the market insight.If you have done any residential flips, rehabs, BRRRR's, rentals, or any type of deal and wouldn't mind just connecting over the phone/email, please reach out. 

Hi @Steven Jaszcz - I'm in the downriver area, but work throughout southeast Michigan.

Probably the best thing you could do is go work for a wholesaler for 6+ months.

I just don't understand how a cash out refinance works and what the benefits would be for it as opposed to simply purchasing the home and renting it out without doing the reno and refinance part of it.

Some of this comes down to lender overlays and their ability to work with you on the documentation.

@ Weston Hunter we work live and invest in Newark.