Regardless, you can only do cash out up to 80% LTV of the existing value of your property you’ve also cannot refinance into investment property until you establish a different address as your primary residence.

Hi we are selling a rental property in Charlotte which currently brings in 2000/mo , the house has a market value of 450k.

I've seen commercial property in the area go as low as 6% cap rate in that case it would be valued around $2.1M.

The value of the property will definitely be more valuable if you convert it into a legal duplex, but you must also consider the area of the property.

Not everybody agrees with my answer and there have been countless discussions over the value and purpose of LLCs for protection purposes.

We currently own a 4bdr house, about 370k left in mortgage, retail value ~580-600k, monthly mortgage ~2600 per monthWe would be gone for 2 to 3 years.

If all of your properties never turn a profit, then carrying losses forward every year will have no real value for you, but then you will probably eventually get a call from someone at the IRS since the point of investing is to make a profit.

The value of the lot is somewhere around $350,000 and for the sake of simplicity let's say I profit $200,000 from the sale.

How did you add value to the deal?

How did you add value to the deal?