Thanks for your reply Mr Beals I greatly appreciate your response and if there some tips or advise that you could offer I'm all ears

I have not checked historically but I won't be surprised if the rents fall in lock step especially on the westside.

If you get a hand full of quality buyers you are ready to start make offers and locking up deals.

I have been in all the beginning phases of real estate, from getting a job to go and change all the locks/draw floor plans on new properties to representing investors at county auctions and sourcing deals for clients through MLS and off market opportunities.

Now that I have the refi locked down and we are all on the same page, I'll be able to quickly pull the trigger on the next one that I come across.

Reason being, I would rather have happy tenants than one that feels like they are locked in and got a raw deal.

There is always the possibility you can lock it up under contract (if you have the ability to close) and try to wholesale it, but generally speaking prices on the MLS are well above what investors are targeting for wholesale deals.

I was able to lock in at 3.75% and they had a $3,000 credit for closing costs!

It is locked in at a 3.25% interest rate 30 yr fixed.I know we have a few options that include 1031, selling it and getting the 250K or 500K (we are married) tax exemption, and lastly potential keeping the property and cash out refi.My question is....If we decide to keep the property and do a cash out refi we would be able to pull out a few hundred thousand.

You can use the newfound knowledge to lock it down for yourself with confidence on the next one.