Construction Loan How did you add value to the deal?

Is the partner who is identifying the properties creating value through entitlements or is he merely looking for good value on the MLS and/or through wholesalers?

You need to get them on your side, show them the value of a subto deal for THEM not you.

I hold a RE license both in FL and WA and would be happy to see if there is a way I can utilize those to add value to to you and your business.

If you're penciling it on, on your buy that's a bit optimistic and you'll have to likely understand your house value would then appreciate re-creating a re-finance loan with a new & higher tax basis and insurance which would likely not make it as affordable as you are penciling in.My best advice is to look to buy a value-add, something on the MLS for longer days or off-market.

Looking forward to connecting and bringing value!

(Owned over a year)What lenders you know of that do cash out refinancing for rental properties appraised at this value?

On the other hand, you could refinance at 60% market value, you could pull out 270K without the burden of Tax, your house will still have good cashflow with the mortgage of payment on 270k.

If used for 15 days or more or 10% of the rental days at fair market value, it becomes a residence, subject to specific regulations.

So I have a non-primary house that is valued at $220k on Zillow (just a reference point), what options do I have to finance around 100k out of it to renovate the house?