Most, if not all DSCR lenders require first and sole lien position with their refinances. 

. // Differences in Control & Management TIC: All owners collectively manage the property, often requiring group decisions on maintenance and sales.

When you start asking the question, where are we going to get more housing for all of the 20,000 people moving to our valley every year, you look around and say: "I guess I will".Our first project has been over 3 years in process with a handful of friends and my Dad as the primary investor, we are ready to break ground on 17 units of townhomes and multifamily units for sale in West Boise.

From what you posted this is going to take a decent amount of all to make an already unprofitable property just a little less unprofitable.

Quote from @Ron Simoneau: Hi All. 

*Energy Efficiency – Given the hot climate, buyers in Phoenix look out for energy-efficient upgrades like new windows, insulation and solar panels.ABSOLVING COSTS & POTENTIAL PROFITSBefore you put down your money for a fix-and-flip, it’s important to run the numbers on all the costs, including:*Purchase Price — The amount of money paid to acquire the property.

Did you just use all your cash on a new acquisition?

Any and all info welcomed, very excited to put the rubber to the road here so to speak!

All look in-line with typical market pricing.

@Michael K Gallagher Thank you for all of the useful info!