I've been so busy with the logistics of gettting this place ready to rent, I've been hard pressed to take the time to think about the finer details.

I pressed as to who this was, and she said "Flagstar".I look up Flagstar Bank (FBC), uhh.... shares once traded at 170, now around 2 w/ market cap of $350mm ("How long does it take you to close again??").

Maybe I'm the only one, but it annoys me to no end to read articles like this one.http://www.wishtv.com/dpp/news/indiana/schools-re-examining-policies-in-wake-of-nd-student-deathSpecifically:An Associated Press investigation found disparities between policies on outdoor mechanical lift use at schools across the country, and some are now calling for a more uniform policy governing their use to be put in place.Every time there is a freak accident, or a kid kills themselves from being bullied, or some gullible person gets scammed, we need new laws.

See also http://www.hmbiweb.com/ press releases.

Back when the printing press was first invented, each letter was on an Iron Rod that was inserted into a slot on the press.

This fresh-off-the presses FRB Report can be found at: http://www.federalreserve.gov/releases/h3/hist/h3hist1.txt Double the REAL CASH money supply, fix the Banks, break the rest of the "little people" world by default.

I think you well be hard pressed to find any lender who will do a cash out in under a year of ownership, if you need to do it based on a new appraisal.

I did get a kick out of the press release on their front page, and it could be a result of their work, or it could be like I mentioned in my earlier post, HUD monitoring advertisements for fair housing violations:Press Release: HUD CHARGES PHILADELPHIA APARTMENT OWNERS AND TENANT WITH DENYING HOUSING TO FAMILIES WITH CHILDRENThe U.S.

Granted the article is 3 years old, but I assume not a whole lot has changed.http://www.24-7pressrelease.com/press-release/can-you-get-tax-benefits-for-donating-to-charity-16089.phpThis is the part that spikes my interest because I own this property by a LLC and haven't owned it for a year."

You may be hard pressed to get the $2000 back, so a safer plan is to assume you can refi for just the loan payoff plus costs, or about $73,000.So, you end up with a house, a $73K loan and you need $11K of your own cash.If you want to do this with little or no cash out of pocket, you'll need to buy for more like $50K for this example.