You are in the perfect position to find these deals.1. 

If I've learned anything at all so far, it's to take ACTION and stop waiting for the perfect time to dive in.A little bit about me... 

Agency debt is also not going to be possible under $1M (as pointed out by @Mark Allen).Best bet: Either find additional capital partners, tap into bridge loans for short-term financing (while you sort out your liquidity position) or pass on this deal. 

I obviously don't want something with negative cashflow, but since I won't need the cash to live off of, I'm not as concerend with this number as I am the other two, as long as it's positive. 

How to do I position myself best to refi with the bank?  

I think I'm looking at a cash-flow positive scenario, even without selling off the 2 extra acres, but not if I have to wait years and years to get it unleveraged.Thanks, all.   

Hi Account Closed, Even with 15 yr mortgage is it still cash flow positive?

There have been a number of class action suits (Thomas v.

SFR my wife’s original home; rented it for 28 years with positive cash flow.

I agree with you totally ,some people take ages before taking decision, doing the research after research without any action regarding investment.