Was conventional loan on a non owner occupied property at 60% ltv on a cash out refinance. 

On a refinance is where you are going to run into trouble.Happy to connect!

Alternatively, the buyer receives title if he refinances the loan with another lender and pays the seller in full.3.

Refining skills are boring.

I’m using funds from a 1031 exchange for the deposit.Can anyone provide insights or guide me on how to refine my underwriting or ask the right questions to ensure my numbers are accurate and this is a solid deal?

I'm looking to get into the BRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy but want to build a strong team and could use some guidance.

The program is in the first position as a lien holder on your home which means that no bank is going to finance or refinance a home where the bank is not the first lien holder.  

@Chris Seveney Yes chris its seems like 3 out of 5 of our current clients are looking for refinance or cash out, definately points to the underlying stress in the market.

,This situation might be very specific but I am needing help solving this issue.I have someone who would like to sell me their Airbnb House they currently have it under a VA Loan with the Local housing authority. it is assumable but would require me to put more down and would limit their use of the VA Loan until i refinance out of it.the Local Housing authority has been calling mortgages due to anyone they find that are owner financing homes while still having an active mortgage from them on. 

You can pursue a judgement against the property owner for non performance under the loan agreement terms which would come up on a title report when they go to sell or refinance the property since a judgment search would be completed against the seller but that takes time and money.