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!

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?

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

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. 

We are set up to close fast, easy (100% online), and for minimal fees.

(Want to be able to have option to legally pursue my costs)My questions:1.

We plan on house hacking it so it will set up the next deal and so on.

It the same for pool heat, that though, you can charge by the day if you have it set up to be controlled remotely.

Also, properties on the lake cost 3-4x per SF and have a major downside for Dec 1 - April 1 or so: they see a giant mud bowl out the window because the lake is drained.