During the refi boom I had people cancel on their lender and switch with me after they had signed closing documents(this was during the 3 day right of rescission for the VA loan) you may incur costs such as the appraisal, but other than that you shouldn’t owe anything to the lender.

that being said, the neighboring town of Marion is booming.

Over the past few years, cities like Raleigh and Charlotte have experienced an economic BOOM.

It can be the difference between a boom or bust.

The appreciation in this area is already booming as it is the top two most expensive counties in the state.

Some people are successful by changing banks and keeping small amounts in several accounts, so the collector can’t drain everything.

Mostly car collectors, people with large RV's ( read Custom Bus)., or people with boats and jet ski's that need stored in the winter.

boom @Chris Mason does it again

"She doesn't boom but she doesn't but either"The only issue I see with your strategy is scalability. 20-40 units often get crushed with expenses because of the lack of economies of scale. 100+ units are actually easier to manage :)Happy hunting!

But is that expected loss just covered by summer boom months?