Cash flow cash flow cash flow.

Cash out refi usually requires a seasoning period (eg. 1 year before you can refi) but can vary lender to lender

Purchase price: $350,000 Cash invested: $25,000 Second Property

I might be interested in paying all cash for it.

I am hopeful I could under bid and get it at a good deal.I would like to put an offer in, but I don't have enough cash to pay the full amount at auction.

**Construction Delays:** Projects can face delays, affecting your investment timeline and cash flow expectations. 

But it’s better to ask them up front (like you did) before you waste your time applying if it’s not going to be for an approved use.Also, if you’re just not sure what you’ll do with the funds, you can always say the purposes is “for cash reserves”.

Thanks Filter Criteria- Looking at stable rental income and cash flow positive properties, even if the appreciation gain is not that much. 

Is there a tax advantage if I do a cash out refinance of one of the rentals and buy the primary out right?

I know that the house will cash flow but am curious what to expect from the appraiser on how he thinks about the new units and how much equity it will add?