I just closed on a house in Summerlin and the renters are basically standing in line for options.

Estimated closing cost is $7776.80 on a $75k washout refi. 

Be a DON'T WANT-ER - always be willing and ready to walk if you can't get a good deal - And understand that you can always come back to that seller later and begin Second Stage NegotiationsAsk the 7 wordsAlways consider a subject to offerAlways ask for seller financingUse the Study Period Clause with right of possession to control properties without cashOffer seller participation - this is a great way to close dealsOffer something other cash - a note secured by your other equities, an unsecured note, a Principal only mortgage (using this technique you can offer more for the building since you are not paying interest - and as you know a direct reduction mortgage will pay off much faster.

Thanks in advance.Kay Hey Kay,If the portfolio is mostly free and clear and you're trying to pull some cash out for equity, it seems like a cash out refi would be a great choice. 30 year DSCR loans are available to lend to LLC's and depending on the situation can cash out up to 70-80% ARV.

When it comes to closing costs you can use the builder or the equity of the land in your favor to help with closing costs.

Would like to close on 20 rentals in 2023

Go Printing dot com has been my vendor of choice. 

South Tampa, including Hyde Park and Palma Ceia, remains a top choice with its high-end homes and excellent schools.

I was able to use creative financing strategies to get it for 640k with no money down (except for closing costs).

Most sales agents won't touch rentals with a 40-foot pole, so explain why you are their go-to choice for management, offer them a referral fee, and then stay in touch with them so you are always top-of-mind.