You need to look at the auditors website and see how much its tax value is.IF you are buying it for less than the tax value you have a strong case, assuming you bought the property in an arms length transaction and it was not a distressed property. 

depends on what you're trying to do.I buy in a state where seller pays closing costs, and I've only bought assets never sold. my realtor is a KILLER as well so MLS access is moot.

Zev Dobuler I’m not sure about refinancing but I’ve bought 3 properties all with loans under 75k, from 3 different lenders, so this is definitely doable.I’m guessing these lenders do high volume and that’s how they make money (all mid sized banks or national lenders)

I just bought a $120k house and paid about $9000 in closing costs... no wholesaler I have seen a deal from shows the closing costs, they just say ($50k profit).

I imply from your assumptions that the units are currently way under-market (for my own back of the napkin math's sake, if you bought the property at the same 6.45 cap, then the NOI is currently ~$58k).

The ones I've talked to have a seasoning period of either 6 months or a year after your purchase to refinance, even if you bought it for cash.Home equity loans are something different.

Hey BPers,I bought a single family property with private money and I'm looking for refinance options once I'm done with the rehab.

I bought the property with an FHA loan, and need to end the month-to-month lease on one of the units (it's a duplex) in order for me to move-in.

I already have a SFH I bought with my sister also in the Bay Area but this one is just for me and the future wife.

I had an Excel sheet where I kept track of every individual expense/rent payment for my first rental, but I just bought 2 more units and now I've been working on building a more robust version of the sheet that can handle multiple properties.