I used cash for these properties .

I can only speak to our area, but if this is a county auction you're talking about the cash for the house is due the next day.

If you do refinance, the three things that will affect your cash flow are the amount of the mortgage, the interest rates and the length of the mortgage.

@John UnderwoodBaseball story about the origins of Charley Horse: from an 1887 newspaper article:When Mutrie, of the New York team, suddenly began limping after running to first base in one of th[e] games played here last fall, [e]very bass ball player at once ejaculated "Charley horse."

The lot was purchased cash and the house will be built cash as well.

Diversifying your portfolio can protect you in the event that 1 or 2 markets you invest in are losing cashflow or even worse - failing.My theory is to keep your money invested as long as you can and don't take that cash flow for profit.

Purchase price: $290,000 Cash invested: $20,000 Sale price: $420,000 4 Bed 4 Bath Townhouse that I bought at beginning of covid for $290,000.

Reading through some other forum posts, it looks like there are much simpler partnerships, entities, or offerings that would meet what I am trying to do:My Role:-Decide on properties to purchase, mostly SFHs-Establish LLCs or other business structures to hold the real estate and distribute returns-Purchase properties, using loans as needed depending on the ROI/cash flow desired from investors-Act as property manager for the properties-Depreciate properties held in business entities to minimize taxable income to investors-Distribute returns to investors-Create investments that have high cash flow (CF) and low appreciation (App) , moderate CF and App, low CF and high App-Find investors from connections, friends, and family with no public advertising-Advise in a minimal capacity on tax and real estate strategies-Send investment reports to investors-Be fiduciary to all investors-Receive compensation from PM and other management work I do related to the investmentsInvestors:-Can be non-accredited -Invest as little as $1000-Can use retirement accountsWhat references can people recommend for me to learn about business structures, partnerships, securities, taxes, or other topics to get me started on learning what will work for my goals?

That means in 21 years I will have a fully paid off property, and can now cash out refi and buy X more properties.

Should we hold out for a better offer, or take a cash offer now?