I could pull out 85k minimum off of it and offer cash.

Get a few deals, get your feet wet, while still gaining knowledge on LLC, S-Corp, etc, then pull the trigger.

Hey guys so I have a single family home right now that I’m slowly fixing up as I love in it with the goal in mind to pull the equity out to purchase a multi unit building.

We plan on being able to pull out 55-60k on the refi (mortgage under my name) , and the property rents for 1,395/month.

Ideally i would then like to use Rental Income from AirBnB to pay off source of funding for rehab on primary residence and being able to pull out profit from equity gained to use on another real estate investment.

Lastly, the pay structure with JB was so completely confusing he ended up pulling out.

Im sure there can be a diplomatic solution to this rather than getting the sheriff involved.u definitely have the upper hand.

We normally give ourselves 2 full months of keeping both in action to work out bugs with our vendors before pulling the plug and even then we find things we missed (some random vendor will auto draft out of our old account)In fact, even asking this question is starting to make me dread the thought of switching.That said -- it's time.  

After a few beers reached a solution where everyone walked away with what they wanted.

The only true way is to pull up comparable sales and analyze the comps and condition of the property.