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

I currently own eight doors with 2 properties being duplexes.

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.

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.

The land is currently unbuildable.

My husband and I, who live in CA,  are deciding on buying an investment property but we are also taking into consideration my mother, who we currently help with rent down in Lake Nona.

Currently under contract for a large off-market residential property.Quick details: 4,200+ sqft 12bed / 5bath (2 kitchens) (No a flood zone)(Light - Medium rehab / rent-by-the-room play)My partner has been a PM in this community for 20+ years and is highly confident in this deal (as am I).The current issue is, we aren't confident the property can close with a bank due to a few seller complications.( ^Very long story, but if you want to hear it I will tell you haha)We're looking to over-raise about $335k ($255k purchase and $80k for the rehab).But we (and our contractors) know the rehab portion will come in a bit lower.Can anyone point me in the right direction?