@Kerry Baird so it would essentially subtract any remaining portion of the HELOC from the cash out?

The attic in question has two exits, the required size window, and a closet.

I'm trying to purchase a home warranty so that in the case of BIG capex such as replacing the HVAC system, they can cover it or at least cover a big portion of the costs.

Monday calls are the best it's a live group call with a topic covered and then a question and answer portion at the end.

Also, you don't want to split the rent... she should be responsible to pay the entire portion. 

The rule in lending is you will always get a lower rate and a higher LTV loan to value on your primary home.So if you tie up money in a smaller investment and then need cash your limited by two factors the loan size and the Non-owner occupancy if it s a rental you get a lower LTV.

They may be small in size, but to the buyer, these are a part of the pretty things that make people fall in love with the home.

Once the original families lease is up refi and return a portion of the cash to the family to help with a down payment.

Over the past 6 months I’ve dedicated a large portion of my free time to educating myself as much as possible on real estate investing.

He's been here since: Member since March 7, 2008He was on these forums back when the site was called "Slightly larger than average-sized pockets".