Also, the property and the additional property will continue to appreciate, and you can continue to repeat the cash-out refinance process.

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.

It takes a lot of time to prepare food, eat, and clean up so being as busy as we always are this simplifies the process quite a bit (not to mention the benefits of simplifying the digestion process for the body).

You should first contact the title insurance company to file a claim, as they should address any issues missed during the closing process.

So my challenges will be either to find a lender willing to accept debt for the down payment or raising the entire capital stack but I'm not sure I would have enough 'friends' to raise that much and the more members in the LLC, the more it acts like a security.When I stated 'avoiding the bank requirements,' I was referring to the process of going through committee approval, extra documentation, negotiating any covenants, etc. 

It was admittedly somewhat of a frustrating process and I got the impression that lenders purposefully make it challenging to remove and do the bare minimum to meet the federal guidelines for removal (very slow responses to PMI removal inquiries requiring multiple follow ups, incomplete or missing information on the process of removal or borrower rights, calculating LTV incorrectly, etc, etc).

Moving forward they will need you to sign a buyers agent form unless its an open house.

Starting this business (and you have to realize it is a business) is not easy and there are so many moving parts.

I'll seriously keep that in mind if i move a little farther south.  

Hi guys, I'm new here and to real estate I'm originally from Asheville, NC but the Army moved me to Clarksville, TN I'm looking forward to getting my first rental property and keep learning and expanding my portfolio so I can set myself up in a better position for the future so I can spend more time with family and friends and not be forced to have a W2 job for 50+ hours a week.