For those of you who invest in Alberta, may I remind you that your oil has the highest cost of extraction on earth.

Updating my property management software to extract and categorize expense line items from receipts to more efficiently allocate rental income dollars to income tax reserves.

Here's the language used in the adjusted appraisal report: "Per under writer request the additional back house area was extracted from the total GLA of the subject property." 

I understand that it's a way to extract cash from property but how can it help you?

When it comes to due diligence,  I won't go as far as paying for inspections but I will do my best to extract all the information I can regarding what needs to be rehabbed.  

A caveat here though: you are limited to only extracting out up to what is on the closing statement so any additional equity value created is locked until minimum seasoning requirements are met and subject to Lender approval and guidelines. 

It seems possible to extract 40k @ a new 220k mortgage to pay off the credit cards.

They promise they'll pay it, but they run away.I contacted the construction company to understand what was going on and I offered to pay them out of my rental income until we managed to extract the money from the intermediary.

If I could refi at 80% LTV with decent rates it would be a lot easier to extract 100% of my capital using the BRRRR. 

Flipping activity will likely be challenged as ordinary income by the IRS under the theory that flipping is a real estate business rather than a passive investment.As per your question about extracting capital from your properties via mortgages or credit lines, it’s merely a question of cost, i.e., interest rate, points, and other fees, as well as terms.