Once you get a mortgage you can leave 20% equity and cash out $30K or sell for $50k gross profit.Build cost includes ALL costs. 

Hello Lenders,I am interested in buying half of a duplex.It will be sold and recorded in the county as a single unit.Wondering if the half unit can be cashed out refi, and how the process goes?

I purchased the property with a combination of cash and a HELOC.

You can start cash flowing off the bat and (depending on the financials) can potentially help your DTI. https://themortgagereports.com/107690/fannie-mae-introduces-...

I am wanting to pull cash out of it.

The property obviously cash-flowed although not as desired. 

At Year 5 the cash flow increases significantly and Cash on Cash return is 4% and CoC is 10% at Year 11.

All I do though is just find leads through propwire, download them and skip trace them, give em a call and see if they're interested in a cash offer and if they are, just move them down the ladder to the next guy. 

My primary focus for this investment is on long-term appreciation potential and leveraging rental income to pay down the mortgage, in this case I have no cashflow.Given the current market conditions, I understand that cash flow might not be immediate, but I'm more interested in the potential for appreciation over time and the ability to offset expenses through rental income.

Has anyone closed these new 40 year DSCR cash out loans I see advertised as fixed rate options?