Title has been working on this for a few months.

Depending on the type of rental, you may be able to use 75% of the appraised rental income toward offsetting the monthly payment (reduces DTI).

If you buy a property with the intention to rehab and refinance (BRRRR) to pull your cash out, you'll need to wait 12 months to use the appraised value with a conventional loan.

I’d like to increase my cash flow and one thought is selling them on a wrap.My current P&I payment is $280/month with 25 years left on my mortgage.If I do a wrap at 30 years, 7% the P&I payment would be around 980, giving me $700/month of cash flow and no other costs.Sounds simple, but the devil is in the details.

I would not be surprised if an expansion like this was estimated at 5 - 7 months and for it to actually take 8 - 10 months. 

That typically runs several months.

I have a roommate in my unit as well, I currently receive $1650 in monthly rent and will be around $2200 when I move and it's fully rented.

A cash deposit of $10,000 was required,, then a $300 a month payment till it was paid in full.

So, if your payments are $1,000 per month, the IRS views them as $990 principal and $10 interest, even if your note states that the interest is 0%.

The market has now experienced six consecutive monthly declines in asking rent, for a cumulative total of 1.2%.