This means that equity sitting in a income property is reducing your cash flow not increasing it.When you can stick cash in a mutual fund and consistently earn 7-10 return why pay down a 5% mortgage.

., they're not going to sit around eating bon-bons all day.

Stay away from teams that are going to sit you in front of a phone all day and produce leads for them.

They recovered and then we proceeded as planned just a couple of weeks later :)Duplex #1 - Rehab complete, approved resident moving into unit in early June, rent at $750 (There are 2 other units listed at $795 and $775 that are still sitting from what I can tell)Duplex #2 - Rehab complete, our PM has received and is reviewing multiple applications, expected move in date in mid-June or so.

Sits on a massive lot, has a solid rental population, IMO can be expanded to a legal 4 family or have another property built on the additional lot. 

At least if it's sitting empty, no one is doing any damage.

They recently renovated the place and it is now sitting vacant until they sell it.

It's in central Florida and started as our primary residence, before she moved and I convinced her to rent it out rather than letting it sit vacant.

I've never done a cash out refi before, I think I grasp the basics, but is it worth it to just pull that cash out and sit on it until I find my next property because then my cashflow would go down to cover the higher loan amount, yes?

Hello, I was about a week and a half out from closing on a great deal in Salem MA and just found out that the seller has a ~$95k judgement sitting in 2nd position on the deed along with a ~$2k water and sewer lien.