Installing effective software for simplified documentation is critical for organizing and managing the massive amount of data involved in the due diligence process.Physical property inspections and unit walkthroughs are equally crucial as financial due diligence.

no financing costs whatsoever. 

Nor does the cost of the property enter into the calculation.

Do you pay closing costs to them? 

Hi Jayson, In some cases it can be a great decision.Take a look at the cost of capital the HELOC or refinance is going to give you compared to what you are looking at now.Also look at the income generated/write offs/appreciation that a rental property is going to give you.If it is going to yield you positive results, I say go for it!

So yes, maintenance costs can be higher.Happy to answer any other questions you may have.

Hello all,If anyone is familiar with cost segregation studies, do you know what asset class/depreciable life a stand alone, metal sheet, metal frame carport would be depreciated?

Some home builders are eating profits buying down the rates with the lenders to get into the 4's or 5's fixed but it comes at a steep cost many tens of thousands in fees upfront to the lender.

This effect is very powerful.

Take the highest rate and keep as much money in pocket as you can, even if you only breakeven when you refinance in the future (6 months) you can get your payments down, potentially roll in any costs, and skip a payment or two.