Or another work around is taking on a DSCR loan on your current investment property and using the cash out to buy another property. 

Hello, I currently live in California and have been successfully managing my multiple properties in the Frisco (Texas) area for the last 3 years.

If you can't get cash out, consider the likelihood of your market appreciating further/bouncing back from where the market currently is, as well as whether you can do any value add to your properties to boost their values.

Also realize that the taxes on the unit that you are basing your purchase on - are the current owner's taxes.  

Prior to purchasing an investment property, is it fair to ask to interview the current tenants in place as part of the due diligence? 

Please shed some light on this topic, especially if you currently are wholesaling in Illinois.

It currently rents out to tenants.What’s the earliest I take out the equity and invest again?

We currently use Avail for rent collection.

I need some advice on the following situation.I am sorry for asking such a basic question, but unfortunately, I am still new to this and never dealt with this type of scenario before.I have a single family home that is part of an HOA.My main goal is to protect the asset and avoid any potential financial loss as much as possible.The current lease agreement states that the tenants are responsible for mowing the grass.They are also responsible for paying any HOA fines, etcUnfortunately after multiple attempts to get through to them to cut the grass, the grass was never cut and the yard is getting worst and worst.They also refuse to turn on the sprinkler system which is causing the grass to slowly die.

He is looking for $290,000 but realistic offer price with the current interest rate and other expenses is closer to $260,000.