The lender will give you a generic preapproval letter that states how much they are willing to loan you when you do decide on a property. 

the second property is worth around $68k bought that property on November of last year with a loan. those properties are occupied by tenants. do you guys know if I can cash out refi each property with that amount or can use both properties at the same time with a blanket mortgage?   

Subto’s are getting called by the banks much more often these days because the banks will make much more money on a higher interest loan.

I'm reducing the footprint and repricing.... finally a smart person. our floorplan for each unit we build is 668 sq ft and 2 beds for that exact same reason. people that Aren't in cheap markets don't understand. in columbus we face appraisal issues if we don't keep it as small as possible. 

Appreciation, depreciation, amortization of the loan, and cash flow (and laundry machine or soda machine or parking money if applicable :) all blended to create my actual return on ownership of the asset. 

I am just now getting going on this finally!

what I like about MLS is you can go through a normal buying process. .wholesalers want to hype their deals info is wildly incorrect.. they want up front NON refundable deposits and your not getting any of that back.. they just try to create a false sense of urgency.MLS you take your time make your offers you can offer less you protect your EM you have inspections you can re trade within your contract time lines etc etc..MUCH more buyer protection that way.. the market will dictate the final outcome.. not a wholesaler hype machine and no real due diligence.

Most hard money works like this Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

The Solo 401k also allows for participant loans.

I took out a personal loan. 32k.