You will pay the current tax of $1500  at the settlement table. 

I look for banks that are small enough that each loan is reviewed by a few people in a meeting once or twice a week, where my primary contact is one of the people at the table. 

It is meant to get us in front of more sellers, but every one in a while sellers do have unique obstacles that make a quick cash offer more appealing.

A CPA is good for general accounting but could leave thousands of dollars on the table.

Hello,I've read the BRRRR book (a great book) and checked its Compound Interest Calculator available at:http://greeneincome.com/tools/In the first unit given as an example there we have the following table details:Mortgage #1Initial Investment$125,000Mortgage %80%Mortage Value$100,000Note Income %12.00%Monthly Note Income$1,000Monthly ExpensesInsurance $40Taxes$55Mgmt. and HOA fees$100Mortgage Interest Rate4.5%Mortgage Expense$375Total Monthly Expenses$570Monthly Rent $ 1,000 Monthly Rental Profit$430Monthly Note Income$1,000Total Monthly Profit$1,430 I am having hard time understanding what does the "Monthly Note Income" means and where does it comes from. 

You would bring the cash for the LOC to be paid off to the closing table, and then the title company would pay off the LOC on your behalf with that money. 

The unique situation here is that the high ARV helps me because my refinance exit is going to wrap my other 3 properties into a single mortgage so that I have only 1 payment.

Once you refinance you will have to bring another 67k to the closing table to pay off the first mortgage.

Comping different bedroom numbers isn’t off the table, if you’re very specific about it.

Potentially a much slower process to get to the closing table versus hard money, but this route would help your underwriting look better with the cheaper cost of money.