Also, the opportunity cost of leaving the property vacant for a year while paying a mortgage on it and not receiving rental income is much higher than what the marginal difference in rate will cost you until you cashout refi it.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You'll have to pay tax in the US as well.

Expect to pay north of 8.5% on the rate and to be capped at 70 or 75% CLTV. 

A 4 bedroom unit would be in the $100K range.This means I'm looking for older homes in the older parts of the city.The buildings may be more rundown and need some extra maintenance but it makes it easier for me to get cashflow out of them.Your approach should always be to find deals, offer 15-20% under asking price, be prepared to negotiate, and lean on your team of experts for the heavy lifting. 

I pay all utilities and are reimbursed each month.House is completely paid off!

I’d probably try to pay asap before late fees pile up and they foreclose on the property.

This code allows property owners to avoid paying capital gains taxes when they sell investment property and reinvest the proceeds into another investment property through a qualified intermediary, within a specific timeframe.For context, we support about a dozen luxury STR investors annually acquire Oregon Coastal vacation rentals with the majority of those clients originating from out of the area or State.

It has a sunset clause maximum of 5 years with no penalty to pay it off early.

It has a sunset clause maximum of 5 years with no penalty to pay it off early.