Yep that is the idea, – Piggington's Econo-Almanac

January 16, 2011 at 2:44 PM #655379

Participant

Yep that is the idea, although refinancing on income property is not nearly as easy as it used to be if you are doing a cashout refi. Still even if you cannot refi it, getting 10-15% cash on cash is not bad.