ESTOPPELThe estoppel is a form filled out by the tenant, then confirmed by the Landlord, and then accepted by the Buyer.

Without, youhave no way of confirming the occupants of the property are those named on the lease.

Cah out can be used as an asset and for PITI reserves and a Heloc can "Never" be used as an asset or PITI reserves.I generally work out the options for my clients to compare a cashout to a Heloc so you can see payment to payment, overall costs and rate.

@John Underwood I haven’t heard of losing title insurance as being an issueYou would want to confirm your loan has been sold to Fannie, Freddie or Federal Home Loan Bank before transferring.

I have heard of keeping the 2 documents seperated, thank you for confirming that for me.

I'm a big fan of having multiple exit options: if the deal makes more sense to flip, then flip it to increase your cash reserves.

It was clear to both parties, with email exchanges confirming that the end date is July 15th and that there will not be renewal of lease.However, I forgot to stop the automatic rent collection through Zillow, resulting in the tenant paying the full July rent on July 10th, which has already been transferred to my bank account.

The force you to come up w business name on the spot to do business cards and reserve website url for a website they host, for a url they own - if you leave, they own those digital assets.

The investor generally needs 6 months of "reserves" or savings of mortgage, property taxes and insurance (and HOA if applicable).

Keeps the large expenses at bay for that first year so you can build up those reserves.