Hopefully the market does not see the same rate of escalation that we did a year ago but the fundamentals look quite similar.Disclaimer: The information provided here is for educational purposes only, past performance is never a guarantee of future performance.

Hi All,I am currently going through a cash-out refi for this exact purpose.

Hey @Omari Heflin, I just pulled 5% out of thin air for explanation purposes.

The lender would not provide the pay off amount until January 1st 2021 for tax purposes, I'm assuming, so I had to wait two months to close on the property.

Yes, the purpose would be to shield from liability.  

I wouldn't advise self service, unless that's something you really intend to take the time to learn and there is a purpose to it.The biggest thing you can do as the buyer of the new loan is to make sure the old servicer and the new servicer are communicating and on schedule.

Again, my post is for discussion purposes only - I figured providing a real life example of how the new construction model can work, but also the risk associated with it at this time, might help some OOS make whatever choice is best for them.

You can do it for just educational purposes but most people want to jump in quicker and they're more anxious.

Ask the parents if they will watch the video and help you find out who the kids are.WLk softly, but with purpose, politely.

I’m a fan of the Fairfield county area for investment purposes.