Purchase price: $186,000 Cash invested: $100,000 Sale price: $515,000 This house was in BAD shape, bank owned, and no bank would loan on it because the well and septic were shot.

It failed to close because the HOA had terrible finances and the bank wouldn't loan as a result.

Hello,Say I did the BRRRR strategy on my first home and repeat it into my second home, third home, etc, however does there come a point when banks wont refinance a home for me anymore, say after my 4th home or do the banks dont care as long as the home was paid off when I first bought with private lenders money and only refinance to take out money to repeat and pay off the lender loan?

Talk to local banks and credit unions.

I would like to transfer the property to the LLC and the bank is saying there will be a $700 fee with the bank to allow this transfer of title. 

I just do not see how it would.Short sale prices can be negotiated, but banks tend to be harder to negotiate with when they are taking a loss.

The bank's first counter offer was terrible!

I had friends that were REALTORS in Hawaii during the peak market and they failed despite working very hard at it.

- Do you have $20,000 in the bank between the two of you?

Pick a single business bank account and start running all your income through that account. c) >24 months, Fannie opens up (typically) once that 2nd year of tax returns is filed and processed by the IRS.If you do a or b with the plan to refinance once you hit c, make sure there is no early payoff penalty.