Are you planning to be RE investor f/t or doing something else down the road?

This means you essentially get a loan that pays off your existing debt on the home /mortgage (maybe none if you paid all cash) and you get a new loan to (R) epeat this process  (you take this refinance money to use it towards the next BRRRR property)If you did this all correctly, the tenant will be paying your new monthly payment (refinance) via their rent plus some in your pocket to cashflow. 

I had to go to RLI (they work through GEICO), before I could make all the pieces fit, e.g., multiple out of state properties with different primary insurers in each state.

T or FNew York is a tough place to do biz with these new codes.

If they're not willing to replace the K&T or reduce the price significantly, we'll be backing out of the deal. 

@Alina Trigub Let me just say as someone who has been asked to be a me tor and to be shadowed, I hate when people tell me that they will work for me for free.

We have a 3 ton unit, and upgraded from R-22 to R-410A (what all the newer refrigerant systems are specc'd for) as well as an increased cross-sectional-area- return air ducting.

Being said, I'm partial to R Bank as I'm a commercial lender for them!

I would want to simply be the orchestra-tor in all of this, using little or none of my own money.

I would want to simply be the orchestra-tor in all of this, using little or none of my own money.