Yes, 0 cash flow is a negative CoC return, but, if you're just paying costs to close the loan, you keep all your cash and put it somewhere else. 

Hi BP Community, need your advice.I'm closing in on my property sale in early June.

Las terrenas is beautiful and growing as well but for family and short term rentals is an ideal place being that it’s close to la romana, Santo Domingo, miches, bayahibe, and to the airport as well.

I’d be happy to connect and run the property by some developers and investors I work closely with to see what price they would be willing to pay.

With all of that being said, does anyone have a legal soft proof of funds letter (pre-approval) that is editable and will work in all 50 states?

Borrowing Against Equity: Costs and ExpensesCost of Cash-Out Refinance or Home Equity Loan:Interest Rate: Assume a 4% interest rate over 30 years.Monthly Payment: Approximately $716 per month.Total Interest Paid Over 30 Years: Approximately $108,000.Closing Costs:Typically 2% to 5% of the loan amount.

@Heather Rummel I’ve house hacked for close to 30 years and never had any problems.

After investigation with the community management team, I made the decision to close both accounts for various violations of our forum rules.

I would connect with a closing attorney like Sperry & Hatley or 24 Hour Closing.

Yes, as you are competing against guys like me that pay cash as is and close as soon as title company can close.