Of course you can refi, but you wont be able to do a full cash our with rent covering your mortgage so you can keep rolling the funds to next project. 

These new rules WILL allow those of us who do the hard work and take proper care of our clients to generate even MORE business and negotiate our own rates.I don’t know about you, but I’m worth a minimum of 3% on every deal I touch.

However what if instead the probate lawyer tells the family that if they want to sell the house he knows someone that can buy it quickly so the family can properly grieve instead of worrying about this big long drawn out process to sell the house. 

I definitely like the idea of room mates helping to pay the mortgage (or even covering all the mortgage), so I will keep awareness and learn more about it, so I can follow that approach then the situation allows.Sincerely,Joe

In 3 - 4 weeks you close and now you own the house and it has a mortgage of the financed portion of the purchase plus the rehab funds. 

Typically new builds can still be negotiated/remedied through inspections while in contract (Seller credits, work that needs to be done properly).

financed through commercial mortgage How did you add value to the deal?

@Ruth S.If you are the borrower typically your private money lender drafts the agreementsThe docs we use are standard except for the security instrument as that changes by state as some states are deed of trust and others are mortgages

(I set aside 20K from the rents after mortgages are paid, so basically I take in 68K a year, save 20K for vacancies, have 48K left over, etc.).Principal pay down is 67K a year.Appreciation is 500-800K a year in a good year.

@J Newman the BIGGEST challenge we see landlords have with PM software is not having a clear list of function they want and not INVESTING time to really learn how to properly learn the software.Many are looking for an out-of-the-box solution they can just press buttons to use.We've spent 14 years constantly pushing the envelope of what our software does.