I wanted to be hands on.And yet, those two houses costed me 6 figures from a raided prepaid renovation "reserve" when the contractor "went under" and left my projects unfinished and my accounts emptied.It was humiliating, and damaging.

A 2 BR or 3 BR townhouse condo in the same complex easily costs 3x - 5x as much to rehab if it has been neglected since the 1960s, while only drawing 1.5 - 1.8 the rent.The purchase price for the latest unit is $18,000, and closing costs including reimbursement of pre-paid property taxes will bring the total to $18,700.  

If online auction they will lose their prepaid $2500 deposit so this doesn't happen.

However, they will calculate a new DTI (debit to income ratio) based on the new monthly payments from your cash out refi or HELOC loan.Some quick pros and cons about Cash out Refi vsHELOCCash out Pros-tax free money-low interest rate-no monthly payments Cash out Cons-closing costs (couple thousand)HELOC Pros-tax free -its a line of credit, hence you can use pay back then use again-usually NO closing costsHeloc Cons-higher interest rate-have to make monthly payments on money borrowedHope this helps,CB

Usually $2,800-$3,300, then you add the prepaid items such as insurance, taxes, etc..I can give you the names of two lenders that can do the loan.

Do you think vacation rental company is obligated to maintain the trust account for guest's deposit and prepaid rents?

Can the SDIRA purchase building  materials using a debit card  for a qualified remodeler to install?

The other costs are your escrow fees/pre paid items, and it is marked that you are getting $5,135 back.

I've read some people are accepting debit or credit cards but this seems risky as well since they can call their bank to dispute the charge.

They offer the "close in 7 days" deal, and get me a underwriters dissuasion before looking for having a property under contract which is the main reason why I choose them.I have a about 10% down, good credit score and low debit to income.