Here's the updated cash out pricing hits from one of our partner lenders, who have taken the strategic decision to be super strong in the purchase mortgage segment at the expense of the cash out refi segment (I can respect that, it's fairly transparent to me as a mortgage broker, and I just know not to use them for cash out refis that they clearly do not want anyways).

Or typically, are these fees covered by people who use BRRRR and renovate and establish equity in the property that pays off the down payment?

Of course there are a lot of factors, like: your systems in place, ability to purchase multiple properties fitting your established criteria, funds or loans available etc.  

Also, I expect most folks to have some background hits, but the main things I look to avoid are convictions of violence against people and property, drug manufacture and distribution, etc.ATTITUDE: I am respectful (and some tenants have even called me "kind") but I am very firm.

In addition, if you are self-employed with no full-time employees you may wish to consider opening a Solo 401k instead of a self-directed IRA as it has several advantages over an IRA LLC such as much higher contribution limits, direct checkbook control (i.e. no need to have the account at a specialty trust company), ability to take a 401k loan, exclusion from unrelated debt finance income tax with respect to investment in real estate acquired with non-recourse financing, etc.In addition, please note if you purchase debt-financed real estate with your IRA, unrelated debt finance income tax should apply to the income attributable to debt-financed real estate held by your IRA.

Due to your location and the relatively low rise of water temp, I bet you could get away with one of their smaller models, which only draw 50 or 60 amps, respectively.

That allows you to keep 1 relationship established for all your insurance opposed to having multiple.Also, I suggest working with a broker who specializes in working with investors because they understand the investors mindset better than your person down the street.

We don't have a legally established maximum period of time.

You MUST establish and maintain principal residency in the property within 60 days for at least one year. 

The fact that he has no respect for life should say something about him.