If you need that extra cash right now, it might be worth it, but you’ll be sacrificing some of your monthly cash flow.Option 2 offers a slightly lower interest rate and no origination fee, which gives you a bit more room in your monthly budget.

The folks that are on the ground know.

Hi All,Getting started in LA and looking for folks with experience flipping in the LA market.

Great way to meet folks from mid peninsula-south bay.

We're always happy to talk with folks that are curious and want to learn. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Agree with @Marcus Auerbach...many of the folks you are hoping to win over here own 7 figures worth of real estate.

It's a confluence of things that just stresses the heck out of the folks living on/managing the 53 acre ranch our property is on.

Utah is ground zero for these boiler room operations.. just another money grab for those dreamers who think they should be able to do real estate deals with non of their own money... those folks that reply to these are the easiest targets and have 3 to 5k in their credit cards..

Whatever extra cash is available would be the cash out.So, for example, if you have an $80,000 loan on the property and the loan fees add to $2000 then:$175,000 * 0.8 = $140,000 loan$140,000 new loan - $80,000 paid off loan - $2000 loan fees = $58,000 cash out