They have a really outstanding program there.

The first idea was to target an obvious market such as those with CD's @ 2.5 where even 6-7% may seem utterly outstanding.

I’m actially surprised they closed the loan knowing you did a credit card cash advance.That’s one of the things they always frown on.In fact,on one of my cash out refys,they insisted on paying off my outstanding credit card balances from the proceeds before sending whatever was left into my account.WTG though

On top of all this, I realized that the PLOCs had listed in the fine print that each month will require a minimum 2% of the outstanding balance to be paid each month. 

@Lawrence Briggs outstanding, congratulations.

Outstanding looks great!

I also have emailed back and forth a few times with Scott Carter of The Real Estate Center and he has been outstanding as well.Forum wont allow me to post their contact info but google will tell you. 

They are already having a hard time getting pre approved for $145,000 due to substantial outstanding debt, and I believe are going to use a low or no money down VA loan to get the property.

I plan to attend an REI club meeting in my area soon as well as some other meetups.So far I find this site to be filled with outstanding info but boy it is overwhelming.

So, if I collateralize my residence, then when it comes time to actually build our "main" home out front, I don't want the mortgage lender to say, "Whoa, you've already got a big outstanding loan on that property, so we can't make your construction loan."