![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/53767/small_1621411933-avatar-craig09.jpg?twic=v1/output=image&v=2)
19 January 2025 | 10 replies
I have checked with our lender and keeping this home's mortgage will not effect qualifying for our next house.4.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1387046/small_1629149980-avatar-angusb2.jpg?twic=v1/output=image&v=2)
16 January 2025 | 12 replies
In effect, you will end up paying tax on your refi cash later on, when you sell the property.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2170677/small_1694936843-avatar-jonl176.jpg?twic=v1/output=image&v=2)
8 February 2025 | 21 replies
Read this first: https://en.wikipedia.org/wiki/...Willful violation of the TCPA can result in fines of $1,500 PER CALL - and there's a long line of lawyers lined up, waiting to sue you, like:https://www.schmidtandclark.co...https://www.classlawgroup.com/...https://www.classaction.com/tc...And lots more.Maybe re-think the cold calling and SMS approach.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3097852/small_1723801160-avatar-christiang303.jpg?twic=v1/output=image&v=2)
5 January 2025 | 3 replies
One thing though is that there are requirements coming into effect soon where wholesalers will need to get their license in PA for any properties that they wholesale, so you might want to look into that before it becomes official!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3129094/small_1728274221-avatar-andrewr806.jpg?twic=v1/output=image&v=2)
13 January 2025 | 9 replies
Talk with a real estate lawyer as this may work a little different in each state.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2719712/small_1736472769-avatar-victorial121.jpg?twic=v1/output=image&v=2)
3 January 2025 | 6 replies
you start with a realtor Lawyer is for when you have the deal tied up.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/850647/small_1694710321-avatar-romans20.jpg?twic=v1/output=image&v=2)
14 January 2025 | 15 replies
You'll also want a lawyer to draft up the docs for you and register your mortgage on title of the property being lent on along with the promissory note.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2927110/small_1705956005-avatar-hiray.jpg?twic=v1/output=image&v=2)
6 January 2025 | 12 replies
Also contact the PM's lawyer and tell them you are not interested.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2991884/small_1735490875-avatar-josho111.jpg?twic=v1/output=image&v=2)
18 January 2025 | 18 replies
They don't understand how to price effectively, study the market, set boundaries with tenants, establish policies and procedures, communicate, and dozens of other things.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1232219/small_1621510477-avatar-christopherh263.jpg?twic=v1/output=image&v=2)
9 January 2025 | 3 replies
Does anyone know of any other ways to gauge the effectiveness of this plan?