The houses would be looking at I'd imagine would be about 7 to 800 k taxes would be about 4K hire a year.

My gain is about $800 K.  

Quote from @Jon K.: It's going to depend on the lender, how it's titled and what kind of refinance you are doing.If you're doing a conventional cash out refinance, a lot of lenders are going to require a 3 to 6 month seasoning period prior to refinancing and it will have to be rented first.

Quote from @Samantha K Kavounis: @Sean O'Keefe I'd love a copy, as well please.

Quote from @Aaron Murphy: Quote from @Kristi K.: Quote from @Aaron Murphy: you are probably feeling like BRRR doesn't work because you are trying to turn a 600k house into a rental.

I have some funds in my 401(k), and I'm considering whether I should cash out some of them to help with the purchase.

Unlike Robert K and many on this site, I judge a property based on total return.  

At least with FHA 203(k), you cannot do ground up construction.

Unless the borrower is self employed and takes a lot of expenses to show lower income on their returns then it usually makes sense to pay a couple thousand a year in higher interest (you can pay like 4,000 a year in additional interest for DSCR if you are saving 30+k on your tax bill kind of math lol)

Quote from @Navnidhi K.: @David Rutledge was wondering if you end up going with an SBA loan?