What is your current income? 

Outside of real estate, we enjoy traveling, sports, and learning.Excited to learn and connect with you all!

currently don't own any property, have no desire to own property. but the renovating to increase rent is a smart long term play!

Question: What is your current living situation? 

This is based on a few dozen private lender programs that I utilize for my clients.o Rate buydown ratio: Current norm is a 4:1 ratio, or 1% fee for 0.25% off of rate.

I currently own eight doors with 2 properties being duplexes.

We currently have single family properties in Des Moines & Enumclaw but are looking to add properties in TN & OH. 

It is a 24,000sf structure with the ability to add an additional 6,000sf of interior space through a currently unused portion of the building. 

My guess is the S Corp hasn't been kept current...Get a copy of the Trust/will/ whatever you can.These problems can cost a fortune. 

We're considering our options for moving forward.Numbers:Purchased for ~ $230,000 (2.5% interest)Remaining balance ~ $220,000Appreciated to ~ $400,000Cash flow is ~ $500 a month after setting aside for all reservesOptions we're considering:1- Cash out refinance- at current market rates, rough estimate is that we could access close to $100,000 in equity, but our cash flow would go to $0 or possibly negative for a period.2- Sell now - if we sell before the end of the summer, we could still qualify for living in the property for 2 out of the last 5 years for the additional tax benefits.