When borrower refinance cash-out an old mortgage with a 12 Bank Statements lender while applying for a new mortgage with another 12 Bank Statements lender at the same time, will refinancing the old mortgage affect the DTI, and qualification for the new mortgageBecause the 1003 shows the liabilities and mortgage payment of all mortgages?

I have no debt, excellent credit but I have no savings.I heard there are ways to buy properties with little to no down payment. 

The great part about this strategy is that because you are buying a small multifamily property, you can still qualify for loan products such as FHA (3.5% down) so the down payment necessary is minimal.

Again, often times this requires a large down payment when you win to be held in escrow as things go to title.

This information includes: Full legal name, Date Of Birth, Residential Address, Unique identifying number from a non-expired US passport, state identification document or driver's license, social security number, ITIN number, or foreign passport.Reporting companies must file their initial reports electronically through FinCEN's Beneficial Ownership Secure System (BOSS).

Typically our lending partners programs are as follows:Rates: 10% to 14% (Most Deals are 12%)Terms: 1 Day - 24 Months (Most Deals are 6 months)Fees: 2-5 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $200,000 we charge $2,500 minimum)Max Loan: 65% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 10 business days)We have private lending partners throughout the entire United States that cover the following states: AL, AZ, AR, CA, CO, CT, DE, FL, GA, HI, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WI, WY.

You likely won’t be able to cover all of your mortgage PITI with the rent payments that you’ll receive from one half of the duplex.

Allow me to put the money I'd pay for the property into gov't bonds paying roughly what the lease payment would cost, and 3. would give them ~$320K in total lease payments including the offset of capital gains, while it would be equivalent to me purchasing it for cash today at $225K.I know there is an income tax liability on the seller's part for the lease payments, but I don't know their situation to judge the impact of that.I've never done a transaction like this before, so please poke holes in it, or if you have a better option, please let me know.

Human safety and property security always overrides economics.

Increase your down payment?