Avoid paying large sums upfront.Online Payment: Use secure online payment systems to manage transactions and keep records.Permits: Ensure all necessary permits are obtained and required inspections are passed before proceeding with payments.

I have this idea floating around to build an extension on the property or a separate ADU and finance it myself prior to refinancing, but that might be a bold move this early on in my REI career. 

There is an exception that allows a VA loan to be refinanced into a conventional loan one time maximum. 

I have done some online research but am interested to hear firsthand what things I should be prepared for and probably expect as a new landlord. 

I've done some research online, but I'm still not sure where to start.I'm looking for contractors who are experienced in flipping houses, have a good reputation, and are able to get the job done on time and within budget.I'm also open to any other advice you may have on flipping houses in Simpsonville.Thanks in advance for your help!

I have been reading online about this and I am hearing very mixed feedback. 2.

I was thinking I'd give him an extra $1000 cash when we're all refinanced.

Sure, you can download lease agreements online, and some of them are even drafted by an attorney.

We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?  

Has anyone offered all cash then immediately refinanced to get the cash out?