I don't know that product, I've done the 203K and 203B.#2, several ways of doing this... but the easiest way to think about it is that you are increasing the sales price by 5K to get the 5K back.

Assuming you are talking about using a conventional residential loan product, your cash out refi would be limited to a 70% LTV, and it would have a higher interest than an owner occupant residential loan (my guess is 0.50% to 0.75% higher).  

This means having employees or a service write them 5 star reviews, most people can easily figure this out so don't waste your money.

There is no better financing product that compares.

In the US there have been some 40 year products.

State regulations make things complicated so I'm skeptical that it will ever replace the agent; however, technology is taking the place of so much human production that it wouldn't surprise me to see some platforms simplify the process for the even the casual browser.I looked for the app for my Android, but only T-Rex apps displayed.  

You are a representative of your broker, client and company as well as yourself.I do not wear a cross/star of david/hand out pamphlets/give out cookies shaped like nude women/pull into a driveway blasting "Death Metal" or wear a T-Shirt that says "What are you looking at Du#$@**" when looking at or showing a house.

From what I gather... his product is secured by deposits (which they may be planning on taking?)

If you don't mind me asking, are you going to be using loan products to purchase the multi families?

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.Discounts on some products and services are offered to BP members: https://www.biggerpockets.com/perks/proIf you haven’t been to it already, you might want to check out the BP blog: https://www.biggerpockets.com/renewsblog/The site has quite a few tools that can be helpful for new members.