Secondly all DSCR should allow you to close in the LLC without a rate hit.If you are going to take out any cash through a refinance in less than 1-2 years be careful of how many years they try and hit you with the Pre-Payment penalty. 

It's good you're seeking advice and educating yourself!

The fees for a refinance / cashout would be ridiculous compared to the amount of money you're seeking.

Hi everyone!
My name is William, and I’m excited to be a part of this amazing community. I’m new to the world of real estate wholesaling, and I’m eager to connect with experienced investors and learn as much as I...

The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).

Is it something you're seeking or looking forward to joining? 

Hi BiggerPockets community,

We are a married couple based in the California Bay Area, both working as software engineers with a combined income of close to a Million USD. We’re relatively new to real estate investi...

Seeking some advice.

This could include computer delays, the inability to reach the site, creating a late filing, and subsequent penalties.

A prudent investor doesn't seek quick riches through shortcuts.