This enabled me to close on the property and immediately refinance into the 30 year fixed just like I intended and actually cost me less money.

Giving a drug addict $100 every time they come to you "one last time" so that they can pay for a "hotel room" is enabling.

I understand this is a mistake.The cash out refi numbers are as follows (3.99%)(monthly mortgage payment, which includes [principal, interest, escrow] = cash to me$2,200 (P+I+E) = $195k (This is the max, 80% LTV)$2,000 (P+I+E) = $175k$1,900 (P+I+E) = $133kIt was advised to me to go the $195k route and in hopes, make up for the $400 difference in rent/mortgage a month ($1800 + $400 = $2200) to enable me to go buy another property but also put $25k into a bank account to fund repairing the properties.

Telecommuting has amplified, productivity remains, and companies will enable it if they find value.   

All else being equal, that's a big advantage.No knock on Rochester, but syndications would also enable you to more comfortably diversify beyond that area. 

So what most investors would do here is to buy the property, and if it cash flows great, but the gains in equity can enable the investor to then leverage Bozeman money elsewhere in Montana (which still does have cash flowing properties all over the place).

This would enable me to deduct the interest expense and get a lower purchase price. 

I think the sellers have smelled out the BRRRR strategy because I've noticed distressed homes starting to go for more and more recently.Often I'll have a comtact call me and explain that they're "really interested in multi-families and BRRRR's" of course this is because multis have good numbers (on paper at the very least) and BRRRR's enable the turning over of capital.

Hi Ricardo, I have not done what you are trying to do, but we have used a VA loan, refinanced into a conventional loan and thereby enabling us to use the VA loan over again.

Do my renters count as income so that it washes in terms of debt to income ratio enabling me to continue to get additional mortgages?