Typically HELOC purchases are treated as cash come time to close at the title company, but it's not like I'm dipping into my savings account to purchase. 

We pay the sprinkler bill, so the grass stays nice.

The money that people try to save by not using a Realtor typically results in longer days on market and a lower selling price.

You can typically get delivery next day on any in stock items.

@Chris Rendall, as well as the seasoning period, keep in mind that the Refinancing Lender will only lend up to a certain percentage (typically 70%) of their appraisal.In your example, even if it appraises at $120k, that would only allow an $84k Refi!

As mentioned by Matt this is typical practice.

I typically do year long leases so that I can end the lease in a month that I know I can get the highest rental amount possible.

Is it much different than a typical residential closing?

Wouldn't have been so bad if there wasn't a large, obvious triangular patch of dead red grass where he was opening the door and peeing. 

Hello all,I'd like to get the opinions of our investors on how you typically divide ownership/profits/etc. and the accompanying responsibilities each partner is responsible for.