@James Wise.

Just curious to see what other people are typically seeing number wise or if there is a general rule of thumb to how much is worthwhile after cash out refi.

This community has been great and exactly what I need support wise.

You have to be in that range for income wise and loan amount also.

Taking 20k out might be prudent because the stock market is in the top quintile historically (valuation wise). 

The form will clearly state that in signing they are authorising a full background and credit search.Credit wise you need to set a minimum credit score and if they reach that score you then look more closely into the contents of the report.

I agree with @James Wise, you don't want to compete like that.I've always been an advocate for quality over quantity and Redfin is purely the latter. 

I know that making a 49% return without doing much work is not the norm, but I wanted to post this to show that you CAN make good money from turnkey if you are wise in what you buy and who you buy the property from. 

Other wise I would never have got my state of Oregon license and NMLS  .. although I don't do business in Oregon anymore or with Oregonians so my license is on ICE..

James Wise Thanks, it’s good to be here.