BUT, refinance/heloc/2nd mortgage appraisals do not have a contract price to help target the value you are seeking. 

REI is a great thing to start to learn about so you are pursuing something with great long-term value, but you have to know that it's not a quick road to get out of the rat race.What financially free means to you could mean something different to someone else so usually what people are seeking is time freedom.

With 700+ credit you should be able to get mid to high 6s if you pay a couple points and do a 5 year pre payment penalty.

What is the legal procedure to seek money for damages caused to the property after they vacate.

If seeking conventional financing, you cannot do a cash out refinance based on ARV until 12 months of ownership.

My advice probably isn't the one that will maximize your return, and it may not even be what I will follow as we continue to grow our portfolio, but here it is.My wife and I manage 5 units (4 we own, and 1 we arbitrage), and we allow anyone to give us 30 days notice to vacate at which point they can be let out without penalty.

If a loan officer/account executive couldn't answer that with no ambiguity and full certainty, I would seek another lender or, at the very least, another loan officer within the company. 

I’ve been working with a bank’s agent over the past three months on a single-family home listing in my area. The property is a full rehab, possibly more, and originally had restrictions from Freddie Mac requiring buye...

Hey BP peeps,When seeking a HELOC, does anyone know of a financial institution that works well with clients that lack W2 income?

The market you are in, is a C market and can’t support that business model.With the above said here are the options I would seek outA.