These rates of return surpass what bank-provided bonds and stock dividends offer.

Be prepared with bank statements, leases, and operating agreements.Next StepsTiming: Wait until after January 19, 2025, to refinance and transfer ownership to avoid violating FHA rules.Consult Professionals: Speak with your lender, a tax advisor, and an attorney to confirm the implications of refinancing and transferring title.Prepare Documentation: Have your property appraised, ensure leases are up to date, and organize financial documents for your LLC.You’re on the right track with your plan, and a few strategic steps now can help you maximize the benefits of refinancing while avoiding complications.

(All from the DFW area)Attached is an expense chart for a house purchased at $250k with a $360k ARV, refinanced with a 6.65%, 20yr fixed rate.

I have $80k liquid in CDs and savings accounts in the bank and a credit score between 760 - 780.

The vast majority of "regular" or traditional (Conv/Govt) mortgages are originated by specialty lenders and brokers and are sold in the secondary market to provide yield on bank balance sheets (think Chase or BoA) or to be securitized into MBS.

Bank accounts, stocks, all assets. 

Banks also won’t loan less than 50k on a home loan period.

Since HELOCs have a variable rate, you’re banking on rates staying the same or decreasing.

If s/he'd been putting aside reserves, the repair would have been covered by funds already in the bank. 

They have an app, scan your mail, forward mail, and will even deposit checks (forward/mail to your bank).