Use the same scenario as above, but you get 2 years at 2%, 2 years at 3% then permanent at 4% (this is merely an example).

Good luck to all active (direct) and lazy (indirect like me) RE investors!

Please offer ideas, leads, contacts, or help me re-frame the situation...

Am I correct that it only works because it isn't a "cash out" refinance at all, but instead a "limited/no cash out" refinance, which has no seasoning period, and merely happens to pay off the note to your shell company?

I wouldve never done this without BP for the mere fact i wouldve never known.

Owen merely indicates my Welsh background. :-)They say you make your money when you buy.

A team is merely a collection of individuals in various different businesses that you can rely on help you move your own business forward.

The insurance companies pass the cost on to the policy holder and we end up paying for the dam lawyers.

My post merely exposes your b.s.

As many of the older folks who have years of experience in RE have told me: RE is about cash flow not appreciation.