You need to assess the return you will be given on the new property to see if it the new returns outweigh the new debt.

They also only put these offers in on very specific types of properties, because they feel confident in their qualifications to assess the technical merits and weaknesses of these properties by themselves.

@Ara Abrahamian I agree with your assessment of future cap rates.

I spoke with my mortgage lady and she said I have to wait a whole year to draw from the equity because the value of the property right now is based off of how much i bought it for instead of the assessed value until then.  

The idea is if you make energy improvements to your property, it can be financed either publicly or privately, and paid through a special assessment on the property taxes. 

Find someone similar to you in another market that you check in with weekly to discuss your goals and progress.

Ill follow up with the progress.

Here in California, transfer taxes are often assessed when moving things into and out of an LLC, so we don't see a lot of LLC action. 

I’m currently working on my 1st project .Goal to get the (MOA) what’s the best process to get the home assessed at the (MOA) -QUESTION: can you pick Who appraises the property?

Although, in some cases, based on employment and such, they will ask the potential borrower to provide the past two years NOA (notice of assessment) to confirm that no taxes is owed and to confirm tax returns.