See you all around the site, you are all my online mentors.

deals 7 and 8 had a partner - he found the home, I fixed it up, managed the rehab, he sold it, we split the net profit...these were ok deals we split $20,000 on each deal but they took 5 months and 9 months respectively due to issues with contractors doing shoddy work....so if you figure our profit at an hourly rate these were not barn burners...but hey it's $20,000 I didn't have before, so I am fine with that#8 paid $265K used hard money, spent ZERO on rehab, wholesaled it in 12 days for $360,000, that was a nice one (sad back story on this one, owner of the property was busted for selling drugs and arrested, then deported to Mexico, so wife took over the drug selling biz...then she got popped, in order for me to be able to close on the home, Escrow had to go to the jail to have the wife sign, then hire a mobile notary to drive down to the SD/Mexico border to have the husband sign) death, divorce, drugs, disease....the 4 D's that create real estate opportunities, sad but true#9 paid $205K used hard money, spent $25K on rehab, sold for $300,000#10 paid $90K for 3/2 SFR, used hard money, spent $3500 on rehab, rented out for $800/month, slight negative cashflow currently (-$150/month), market value is $130K now, plan on refinancing into better loan in 3 months, will cashflow $300/month after the refi#11 paid $108K for 3/1 SFR used hard money, spent $3000 on rehab, rented out for $850/month, slight negative cashflow currently (-$190/month, market value is $140,000 now, plan on refi into better loan in 3 months, will cashflow $150-$200 after the refi#12 paid $125,000 for 4/2 SFR used hard money, spent $0 on rehab, house already had a tenant in it paying $900/month, will be raising rent to $1150/month, market value is $160,000, plan on refi into better loan in 3 months, will cashflow approx. $500/month after the refi#13 invested $50,000 with my parents to buy a triplex, for $530,000, property cashflows $1000/month from day one, and value has increased to $650,000--------------------------------in current pipeline/in escrow - thru these deals I've made good friends and I've made my hard money lender some good money, hard money lender let me know he has $5,000,000 +/- sitting in the bank looking for houses to invest in, and he's given me the green light.

Craigslist is free, there may be other online classifieds as well.

We refinanced it about a year ago and it was appraised at 485k at that time.

Boosting the price is what the scammers do, you can fail to meet equity requirements and that can keep you from refinancing as planned based on your contract arrangement.

I'm currently dealing with a lender that is good about doing cash out refinancing without seasoning limits, but they are so slow, I'm watching opportunities go by while I'm waiting for my cash.

Is it worth refinancing now or I need to wait for few months or a year?

I like drinking :)Update about RBC 6 Plex mortgages:Do not contact the branches or RBC online, they may not know or be able to help you on this, I am getting conflicting information all over the place.The guy that seems to know about this special product is Dan Simpson from RBC:https://mortgage.rbc.com/dan.simpson

I had a 4 br house that was rented by a couple with 1 kid, they used the spare 2 brs as his & hers office/hobby rooms.HUD has a table online at HUDuser.org for the entire country which lists the average rents for the different bedroom sizes.

BiggerPockets - Real Estate Entrepreneur on Fire - Entrepreneurship Smart Passive Income - Online Business Online Marketing Made Easy - Online Marketing & List Building I wrote a review of these here - http://entreprenewlyweds.com/podcasts-listen-every-week/ I typically will swap in a few new ones each week, but these are my mainstays.