Not only do you get to make sure it's done right (I had a mortgage company not pay my taxes once), it extracts those items from your fixed debt costs.One last thing, and please don't take this the wrong way, but if you have a dozen cash flowing properties, two people working with perfect credit and no credit card debt, I cannot think of any reason you should be out there trying to get a used car loan.

Did you do actual data acquisition, data analysis and extracted educated conclusions on the perfect venue to find motivated sellers, or did you simply pick that one just because 3000 clowns say so?

Instead, you will need to carefully sort out the expenses that added up to your $600k and extract the items that might be depreciated faster.

I have about $450,000 equity in my primary residence (in Colorado) and want to extract $170,000 for a down payment on a property that cash flows extremely well (in Florida).  1) HELOC @ 3.125% variable (pay it off the principal if future rates exceed inflation, or use equity to pay it off whenever I sell the property in an estimated 10 years).

If you can point to your annual profit and accurately say that the dollars in that annual profit figure most accurately represents the life essence of your tenants extracted FROM them and passed TO you...well, you just might be a vampire.If you're doing these things, you're not making money off real estate.

Presuming you have some descent equity in the first property you buy; you could then do a cash out refinance transaction on your first house to extract some of that equity and then use those funds to put towards the down payment on the 2nd house.  

I think what Im looking for is an app that allows me to take a photo or screen shot of a receipt and then uses OCR to extract information.The result would be a list of items on the receipt and the price paid for each.I would then, presumably later in the day or week, assign a category to each item (ex. paint, drywall, appliances, cabinets, labor) and maybe even a sub category (bedroom 1, bathroom 1, kitchen, etc). 

Hi all,Given that we're in an rising interest rate environment, I think an additional value that we can extract when we sell investment properties to other investors is to assign our existing mortgage to someone else.

Newsom signed a lithium tariff for extracting lithium that should provide imperial county more revenue than they have had in many years.  

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.