It also puts your agent and lender in a tough spot where it could be a perceived "fraud for profit" and they could lose their license and face time/penalties if they knowingly cooperate.

PS: Hopefully you did not get beat up too bad on the proffers.

Quote from @Alex Messner: Hello,My wife and I are looking into buying our first home with hopes to eventually accrue multiple properties for renting. 

That being said due to the number of sharks out there I would only spend money that I can afford to lose. 

Even getting out with a small profit will add to your return as long as you don't lose it all in taxes.

Ive already started looking further out to do BRRR/Flips as this is one of those jobs I cannot really afford to lose, having it will help me a lot in the long run.

Both of the members of the LLC we are hoping to do the cash out refinance for are also LLCs if that matters, so it would be distributed from one LLC to another LLC to hopefully the members pockets.Want to make sure that the money remains tax free the whole way and we don't have any surprises. 

Quote from @Aaron Letzeiser: REVISED CODE@Aaron LetzeiserI was hoping to work with Obie, but on the last page before signing the documents, I came across this disclaimer, which made me rethink my decision. 

Quote from @Antonio Harmon: Hi everyone,I hope you're all doing well!

At R&H Capital, we’re always looking to connect with other investors, share insights, and collaborate on new opportunities.I’m excited to be here in the BiggerPockets community, where I hope to learn from fellow investors, share my experiences, and build meaningful relationships to grow our real estate ventures.