Hey everyone,so I’m brand new and ready to pull the trigger.

With the super low interest rate, I am planning to pull the trigger for cash out refinance on investment properties in Indianapolis.

You can look into other trust structures along the way or LLCs or whatnot, but be careful not to trigger a probate at death in California, which can be very expensive and time consuming for your heirs. 

Without a lender who can help you pull the trigger and a contractor that you can rely on to hit the ground running the day after closing, you've got a recipe for financial disaster.  

When a good one falls in your lap you don't have time to analyze it for 4 days,  you gotta pull the trigger and go all in with your best offer.  

I’ve looked at other areas of course and I’m trying to find a good deal before I pull the trigger on anything.

But the most teacher is experience tho and at a certain point I have to pull the trigger.

Get the opinion of a couple lenders before you pull the trigger to feel comfortable with your ability to qualify for the refinance.

Get on some wholesale lists, get your cash ready and/or get approved with a hard money lender, and be ready to pull the trigger quickly. 

The questions you asked are basic real estate questions and you really should know them before you pull the trigger.