Our rates are annually, meaning , you pay monthly only on the loan amount & the notes are 12 months, with No prepayment penalties and no Minimum interest, were your locked into the loan .Banks have no programs for investors of this high leverage on purchase and full rehab , interest only.So the 9% annually equates to .75% per month, which is cheap, cost effective. .

Yes a cash out refi on your home will cost you closing costs and refinance charges (appraisal, origination, title fees etc), but the value is rates are still dirt cheap, and you can lock in a 30 year note on your home and your new rental for bargin prices by historical standards.

I would caution that if your tenants are already under contract on a new construction purchase, which it sounds like if they're far enough along that builder is "pushing things longer than originally planned," they may be more financially locked in than they think, so have them produce a release agreement before getting too involved in your sale.  

The same market conditions that affect large apartment complex vacancies will generally also affect 4-plex vacancies in a down market.Advantages of having a fourplex is limiting downside risk and having peace of mind by locking 30-year rates (as some people have mentioned). 2-4 unit buildings also allow cash constrained investors to get in on the RE game, particularly with techniques like house hacking. 

Sometimes something comes up that is too good to pass up, so use what you can to get it locked down.

Access gates shall comply with the requirements of Items 1 through 7 above, and shall be equipped to accommodate a locking device.

Don’t leave value locked up and waiting; make your money work for you!

Say you make the loan but are locked in for a period of time prior to being able to access or remove your investment and are now forced to pay back the loan. 

Remove ceiling fansUse non locking handles.

The copy may be produced and sent by facsimile machine or other device which produces a near exact likeness of the print and signatures required, but only if the law enforcement agency receiving the report has the technological capability of receiving such copy and has registered the towing company for such purpose.