@Hermanie PierreCorrect - A cash-out refinance is not a taxable event.

I'll be attending and heard this would be a great event to attend.https://www.sfbsummit.com/Hope this helps!

@Andrew Aladjadjian I think you have a good point the money down will help with the monthly flow I just would prefer not to have so much cash tied up in the event I can move on another investment sooner rather than later. 

They are considered a secondary market as opposed to say a bank loan which is a Primary Loan Market. 

My question, however, is if buying single family homes to “get my feet wet” and to add to my portfolio would be a good idea as opposed to buying a multiplex or waiting until I’m ready to start building.

If you couldn’t service the negative cash flow Yourself (what if the bad economic event hit you too and you suffered a reduction or loss of income at the sale time?)

I will stay tuned for future events.

I would go ahead and contact the seller in any event.

Looking to learning more about the market here and please do let me know how I can find out about events and meetups.  

@Maya Patterson you can also check out the Network - Events page on BP for local events posted there.