Just wanted to mention that the cash out refinance funds are not tax free forever.

I bought this property with a private interest free loan from a friend. the person i bought it from need cash fast so i offered them a low cash offer and they accepted.I had enough money saved up to rehab the house with my savings.

When I have some free time, I'll research other options that won't cost a fortune for the small guy.

Just wondering how many folks would really use this that are like I said not really educated on how title and escrow works and I find East coast folks to be highly reliant on closing attornies and have very little knowledge of title and escrow functions..

If they are low balls then usually you are asking someone to work for free as the fix and flip landscape is competitive for a low pay out.

Feel free to dm me if you want a 3rd opinion on your home. 

Long Term Rental.Please feel free to reach out in my dms - I'll need property address along with your debt / equity/ monthly payment information!

Are you looking to sell some/all of your portfolio by minimizing your tax exposure and be more "maintenance free"? 

Let me know if you need any additional information, feel free to give me a call. 

Feel free to reach out if you'd like an introduction!