hi guys, i have been in real estate for 5 years now but am having trouble finding deals so i wanted to cash out refi one home to pay down another home and then get a HELOC on the pay'd down home to level out the refinanced home. i am looking for holes and precautions in my plan, and would be grateful of any help.thanks  

There's lots to check out and many rabbit holes you can follow.

Again though, once they find out they can be taxed on the forgiven sum it is probably going to be a less attractive solution for them to cooperate with you.And so, that leaves us one strategy to fill the holes for the great majority of all defaulted loans not accomplished by the "multiple exit strategies".

It has it's **** holes, but please don't ask me where they are since I'm a licensed agent, a little homework will answer those questions.

This sounded really good in theory and am curious what holes people may find in it and if it's 100% legal or not. 

When you know the tricks and loop holes you can do what you please within the law.

If you don't mind "bullet holes" all over it, go ahead and reinstall it.

So many holes on the wall and ceiling.

He would just start shooting holes in it describing how he was going to tear it apart.

As far as judgments in NC, the sheriff has to personally hand the summons to the tenant to get a monetary judgement but most of the time they dont come to the door so all you get is possession anyway.