Proforma GOI (market): $120K ($1K/month)NOI: $78KCAP: 5.6ARV: $1,392,857Refinance 70% LTV: $975K loan amount less $560K balance = cash out at $415,000. $415K less rehab costs at $200K (20K/unit) = NET $215KYou would pay a % of the future value in this example, you certainly (and neither would he) wouldn't pay $1,392,857 for an asset generating $75K per annum, understanding that the value therein would be offered at a 3.2 CAP.

I've not used this service since Wells provides the service with my commercial checking account. 

Should also mention I can’t wait till rates to come down to refinance because I will only be able to take out a loan for 70% of the value instead of the 75% while it’s my primary.

Please note that I do not provide reoccurring maid or housekeeping service.

However, I also have significant student loan debt.

@Andrew SteffensI invest internationally and I'd recommend it to anyone provided they know what they're doing or at least have people in their team that do (depending where of course, as you mentioned).

Can someone provide a source for an online list of mortgage foreclosures in Georgia (Gwinnett, DeKalb, Henry, Clayton counties....... unless you have a better idea).

Hello,I'm planning on investing in a 4 unit property with my sister-in-law using her as the primary buyer qualifying for a first time homebuyers program and me providing the capital and being a co-borrower on the loan.

Sure, people will tell you that you can without talking to the bank, but they could call the loan due at any time (assuming there is a due on sale clause, and there probably is).

It is just a loan modification based on the market value of the house.