Why do I have to wait if I am only doing a rate and term refinancing.You typically need to wait six months before refinancing an investment property, even for a rate and term refinance, because lenders want to see a consistent payment history and assess the property's value over time.

Start with something light-value add or turnkey so you don't take on too much risk and you can learn the whole process with a more friendly investment. 

Can you pay all of your bills, mortgage for the rental and potential maintenance bills for a rental if the tenants don't pay their rent or if the place is vacant and needs rehab after the tenants destroyed it?

Think of a tool like FollowUpBoss, but for PMC's and MF professionals, instead of realtors.We wanted to create something that can aid a standard PM software, and help PMC's expand thier portfolio without having to onboard a bunch of agents, automating the entire leasing process.Do you think a tool like this is needed?

But I'm hoping to lead guests to book Direct as much as possible so the OTA's can't sit on the deposits for months!  

Do you need the cash upfront?

This is quite common and we have many duplexes we do this way and haven't had any hassle and in actuality it is much easier for everyone. 

Thank you so much Tom!  

Since they did not want to disclose how much they were making in the deal they opted for a double closing. 

I like the idea of gaining much more knowledge.