Originally posted by Courtney S:I got from county records/appraiser site Most county appraisals or values are for tax purposes and have very little to do with true value.

Then I would not make your LOI offer based on what was given to you, but what you "know" to be true.

Cards.

That equity could have been cashed out and put to use if I flipped the property but instead is parked in this rental property so there is some opportunity cost there that brings my true yield down further if you factor it in to calculate the return on equity.

It almost sounds too good to be true.

And putting on your credit card sucks. 

It would be nice if all listings (via MLS or fsbo) received a fair shake with agents, but true that not all listings are created equal and no doubt implicit bias comes into play for all parties.

I have great credit and I am looking into 0% first year credit cards to utilize. 

Cash-out is a last resort...credit unions can go to 98% LTV on a HELOC with a 15-yr payback period on a 30-yr am schedule...true interest only payments...you only pay on the principal...But in general, yeah- HELOC makes more sense. 

Yes, it's true, Excel is the go-to for tracking investor capital accounts, contributions, distributions, ownership percentages, waterfalls, etc.