The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.

We have a lot of investors that are way more flexible. 

The offer to “help” hopeful participants obtain increases in their credit card limits6.

Northern California can be a competitive market, so having clear numbers and a transparent breakdown of the assignment fee will help attract serious buyers. 

Instead, an umbrella insurance policy may be a more cost-effective alternative for now.

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.

We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

With the two lots together they could be sold for 50-75k.. im doing research all day everyday to learn more and more about real estate investing.. so much that im nearly on the verge of divorce.

This helps with disclosure.

I’d love to hear your thoughts and advice on this Team,more information here....Property Location: South FloridaRent 1 unit $1500Rent 2 unit $1200ARV: $500kPurchase price $380-385k.