Cash out refi gives you a new fixed rate loan for 30 year term.Best,Jamael RomansUnited Mortgage Corp Thank you so much for your advice!

This decision will also be impacted by your interest rate.

I would say anyone who has done 5 flips is experienced and that success rate should be closer to 90% and up.

I recently watched a video on social media that mentioned the way he was buying properties and yielding the benefit of the sellers low interest rate is having the seller put the property in a trust and then purchasing the trust.

Rent, Expenses, NOI, Cash Flow, COCR, Cap Rate, Market cap rate. 

What interest rate are you getting?

Just a heads up this will not be tax free, it will be a pro-rated exclusion.

Interest rates are changing every day. 

However, value add with a sale is not as implacted by rates.  

I don't do this for a living and have no real world experience, but at 40% down, even with a 7% int rate, that seems like a high monthly payment.