Would love to know if any bank exists that can do a cash out refinance where underwriting takes less than one week

A common pitch for realtors looking for listings is to declaure they have a large database of “buyers” they will bring those buyers by to see the property, but often zero proof of its existence..

@Nicholas Henry Provided your ex continues to make on-time payments on your mortgage, there's no reason your credit score should move one bit.You're selling it to her subject to the existing mortgage. 

In other words, that percentage will only rise (unless prices begin plunging).Existing home sales rebound, sort of.

But I am not planning to pay them extra 60 day rent for lease termination for lease that does not exist because Michigan does not allow automatic lease renewal due to insufficient notice.

It would be advisable for the potential purchaser to thoroughly investigate every aspect of the property prior to purchase, including, but not limited to, the location of the property, type of buildings, if any, on the property, determining what, if any, liens or encumbrances exist on the property, and any other facts which may be pertinent to the contemplated purchase.

I would check with your local bank for opportunities to get a line of credit - I wish those things existed in the private lending world, but they are non-existent for the time being.

Why not focus on one of your existing markets and repeat your success there?

I'm hoping to find an existing independent PM or franchise to acquire in the next 18 months in the Denver area.   

Thanks for mention mate,Happy to help and offer guidance.We decided to totally pull back on taking on new investors and will just help our existing investors purchase from time to time.It's not worth the baby sitting drama involved and I see folks would rather BRRRR so we will just do the PM and fix the F@#$ ups and charge appropriately for it 🤷‍♂️I moved to the US 12 years ago to build my own portfolio and all I have done was help others build theirs lol.I don't even have a larger portfolio than our highest volume investor...What a joke for me hehe