When title transfers, the lender has the right to require that the loan be paid off entirely.

. $30k can turn into $8k or 0 really fast - whether that is due to unexpected costs - especially on an 1875 vintage home - or your ARV estimate being off.

We specialize long term rental loans as well as fix & flip loans.

Also, make sure you know what the monthly HOA dues are as these can be pricey and make it difficult to make money off of the rental.

Cash out refi than Selling: I have a rental property I owe 60k, appraised 220k, I can get 168k cash out and pay off the 60k to have 108k in cash… now if I turn around and sell for 240k.

@Chuck WardI think what you're saying is, why wouldn't you use a HELOC to pay for a BRRRR - purchase and rehab - and then just use the rent from the BRRRR to pay off the HELOC?

I am 99% confident that the loan was not fully paid off. 

Signage may be controlled by building codes in your area or special signage codes regarding heights, foundations, electric Lighting Etc...

Your post points at is the benefit of getting deals off market.

Learn, take action and network with other wholesalers (call all the signs you see on the road that are promoting a wholesale deal or that say I BUY HOUSES CASH).