How to attain mortgage loans with higher DTI, and normal interest rates.2.

I will pull out equity and redeploy only if the new debt service delivers the same cashflow I had before the refi. then I have dead capital in completely paid for properties that are seller financed so I'm just the bank getting the same COC rate without the rental problems. the goal here is to have enough seller finance deals to cover the debt service on the rentals in a worst case scenario of 100% vacancy. moral of the story is look for the shades of gray for what helps you sleep at night versus attaining the goal. if maximizing leverage is needed to achieve the plan, then have plenty of reserves via liquidity in some form to help you sleep better at night.

At a surface level, there doesn't seem to be a huge difference between being pre-qualified and pre-approved for a loan, but there are definitely instances where one is better than the other.The key difference is that getting pre-approved is a more formal and concrete way of understanding your ability to attain financing on a home.

Long story short, the owner received a lump sum of cash for a deed in lieu of foreclosure, I attained ownership of the property, and the note holder reestablished the original note.

Long story short, the owner received a lump sum of cash for a deed in lieu of foreclosure, I attained ownership of the property, and the note holder reestablished the original note.

Do you have any suggestions on what we should do to be able to attain the finances to do our first flip? 

Specific, measurable, attainable, relevant, and time-based.

Good Morning Guys,So I currently have two properties and I am working on attaining two additional properties within the next 90 days.

I’m merely aiming for a mutually beneficial price that can be attained, with a motivated seller, when not paying ~$20k in fees.   

I have read several BP books to attain knowledge and education foundation of real estate.