Purchase price: $50,000 Cash invested: $40,000 Sale price: $47,500 Cute investment property and handyman project in a small town in Arkansas.

You can get good cash flow and solid appreciation at the same time.

I was thinking I could cash out refinance and short term rent it.

My properties in 2 states account for about 80% of my cash flow, but the 4 SFH I have in Birmingham account for only 20%.I don’t want to sell as I’ll incur lots of tax (as they were part of a 1031 in the past), but wonder any strategies like seller finance, etc that could possibly result in higher returns on these properties.I am curious what other BP landlords do when a few properties in their portfolio aren’t pulling their weight….Thanks!

Thanks in advance.

At best I’ll be able to find solid properties that will be self sustainable and cash flow in the positive side of things.

First 10 years is interest only, then after that you start paying principal/interest, but you can pay off the credit sooner and then as you pay it off you can invest in more deals once you get your other properties cash flowing to cover the debt service.

Do you have props, cash crews? 

Thanks for your suggestions in advance. :)

The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.