The bank then refinances property into a normal balloon loan they do for investors.

. $50K minimum investment.After the property is performing for a year, I can refinance for around 5 to 5.25% with a local credit union.

I'm in the process right now of doing a cash out refinance so we can put 20% down on a new home (property B), that is a fixer upper.

I have heard about a plan where the government is covering the cost to refinance ones home.I bought my first and only home about 5 years ago with the intent to fix it up and resell it.

I would like to use the Insurance funds to either do a down payment, or possibly buy for cash, and then refinance at as high of a leveraged ratio as possible.

I would bet you that someone like Will B who is a huge contributor to this site would put up a profile pic if asked or required.

Obviously you know that your best bet is with an agent that belongs to MLS.

Go and buy some rental distressed rental properties for cents on the dollar, rehab them then refinance them and pull his money back out and still cash flow.

If you have 4 or less mortgages you can get a refinance of up to 75% so if you can find a property where a HML will lend you the money and 70% will cover purchase, rehab, closing cost/insurance and loan fee's then you can do zero down.

I think "this" actually refers to the refinance itself.