Prior to this rule, if you had received a cash out loan you would not have been able to get a HELOC on your home.In order to convert your 50(a)6 loan into a 50(a)4 loan you would need to…Wait 12 months or longer from when you received your 50(a)6 loanRefinance your 50(a)6 loan into a 50(a)4 loanNot receive any funds when you refinance into the 50(a)4 loanSo while refinancing will be an additional cost you can now tap your equity in the form of a HELOC whereas before you could not.

No intention of living in it and rented out already...excellent credit.

We're willing to increase our bid if we receive a counter, but we just feel this person can just as easily throw-in another $100k+ in cash....Anyone have any good stories of how they stuck it to an all-cash buyer?

The arrangement with the builder is that on the 1st of the month, he will send me the invoices received from the previous month from the various sub-contractors.

I knew investment rates would be higher, but I was hoping for a little better considering we have excellent credit and money for down payment.

Also, I have "good" credit (right at 700) but my current job situation is an interesting one - I receive a monthly salary that is paid on top of receiving room and board.

Any tenant that does not pay on time in his first three months, until after he receives a eviction notice, is a very bad sign.Get rid of him asap.

And, I can't conclude this introduction without shouting out to Josh and Brandon for their truly excellent podcast.

I bought a flip that had just received an appraisal.

In the end, it would "zero" out, because they way I see it, if you don't get your principal back, then you never received interest in the first place.