as long as your not paying any fee's up front other than appraisal and maybe credit report ... sounds fine.. no way a lender can stay in business if they do not capture at least 5k per file no matter the size.fee's and points do not go lower exponentially as the loan amounts drop.so if your payint 12.5 on a 40k loan or 5k... your not going to pay 12.5% or 50k on a 400k loan like Jeff alluded to.. there is simply a minimum to stay in business

As long as the property makes cash flow when you withdraw your funds, and you can buy another home with those funds, you are nearly doubling your capacity.

When the property meets your criteria and you're in a multiple offer situation, it's okay to offer above asking...as long as you're not overpaying.

Seeing you've refi'd out of the 2010, as long as you're going owner occupied, of course you can apply - - get your ducks in a row and ensure you're going to qualify and best wishes to you.

What I am confused about is the language " the broker shall be entitled to receive only the difference between the fee set forth herein ( in this case 4% ) and any lesser net fee paid to the other ( me ) broker "The way I read this is, as long as I keep my fee equal to 4% or more the previous broker would not be entitled anything.

Luckily, having a pro on your team makes an otherwise daunting transaction much easier.You have to purchase a like-kind property, which just means you can't trade your current real estate for a vintage car or fine art.There are some timelines to adhere to:You need to formally identify up to three like-kind properties within 45 days of selling your current prop, which means you should be looking by the time you go to market.You need to close on the new property or properties (yes, you can buy more than one if the math works out) within 180 days of selling the current prop.You can identify more than three properties if you need more choices or are planning to exchange for multiple props (often an issue for people selling very valuable RE or reinvesting in cheaper markets) but there are some rules:You can identify as many as you like, as long as the total value of all of them does not exceed 200% of the value of your current prop.

However, neither alone will provide liability protection so long as your name appears in any ownership.

And as long as you pay the LOC back you can use it over and over again...well, for about 10 years.  

As long as they are in good repair: cover them.

I have used hard money to purchase all of my personal rentals and I will continue to do it as long as I can.