@Andrew Postell thanks for the ideas. yes I did run a little excel and found out if i went up in price id have a bit more in the game after final refi.

Other times a cash out refinance will not be suitable is if you don't want to take on additional debt or the new payment will take you cash flow negative.It seems you have a goal of how you plan to utilize the proceeds of the refinance, so that is a good reason to do the refinance, but you will also want to look at all the other factors to make you final decision.Best of luck!

Will def keep you posted on final decision.

Sometimes people in this situation will hold on for years before finally deciding, "time to sell and move on."

I finally learned first hand how the home buying process works Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello Everyone , Finally I found a place to speak out loud about my real estate aspirations .

I’ve been a BP forum stalker for a while, and finally pulled the trigger and am about to close on my first rental property.

They failed to pay their September rent and after final move out accounting they owe roughly $2500.  

Finally, once you are an established investor do you still call the utilities companies or do you just have a good idea of how much it would cost you?

Seems to be one that many of my clients run into before finally able to figuring out how to structure.