First 10 years is interest only, then after that you start paying principal/interest, but you can pay off the credit sooner and then as you pay it off you can invest in more deals once you get your other properties cash flowing to cover the debt service.

Do you have props, cash crews? 

I would also say that while refinancing could improve cash flow, it's speculative, so you would want to ensure you have a solid strategy in place to manage the negative cash flow.

The increase in value to have a legal quad has been well worth the additional annual fees.As for the mail, put out four boxes aligned to the units in the leases.

The plan is to come in and improve the NOI over the next 12-24 months then implement a strategic cash out refinance and move to long term permanent agency debt.

Hi,For one of my rental in San Diego,CA which i listed for rent around $5K per month I am getting clients who want to pay all cash for a year.

I want to purchase out of state for a number of reasons (Landlord/tenant laws, tax purposes, purchase price, cash flow, etc...) 

But if the deal is worth it to get you going, just do it!!

There is also some states with specific laws, such as in California you must offer at least one other method of payment that is neither cash or online payment.

Seattle which he shied away from has lower cash flow/cap rates specifically because it is lower risk.