Purchase price: $225,000 Cash invested: $55,000 Fix & Flip in the beautiful St.

Possibly take some cash out at the same time if the LTV and equity are within range.No, It is not normal for "Banks" to make this mistake usually its a "Lender" or smaller "Mom & Pop" broker shop.

We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze). 

That said the lower only got a spit shine and I've had no problem renting and cash flowing above the average market with only the lower.

If you do, then you are better just taking the cash out from the refi and investing that.

I'd like to refinance into a DSCR loan and pull $35k cash out to payoff a HELOC that I used as down payment.

I've heard I might need to buy with cash, which confuses me.Could this lead to issues with the closing process, such as problems with deed recording or property assessment?

For single family homes it is hard to get cash flow in CO unless doing Co-Living or STR.

PM me and I can provide more specifics.  

However, section 121 does not apply to the gain allocable to the residential portion of the property to the extent provided by paragraph (d) of this section(4) Examples.