And the interest rate is a hair lower for the same cost. 

I also when its someone new .. will google street view.. get the person answering the phone to describe what her office location looks like  or I will say hey is that a McDonalds across the street from you when I know its a burger king.. then the other thing I will do is make them recite some information on the hud that a scammer would not have access to.you simply cant be too careful.. millions of dollars a day are being lost in this manner. 

Lowering the price that much means you missed the mark on your comps.

This was gross incompetence on so many levels and now it’s value is drastically lower .

Compare the profits from flipping (accessing the equity) that you could have right now, to your monthly CF (total).How long would it take your cash flow to equal your equity?

But, since we've had incredibly low inventory recently, and the number of homes on the market now is still lower than it was in 2012-2014 in this same time frame, AND the fact that jobs are still being created here (Google and Apple building new campuses for example), I think a slow-down is still a ways off.

You can cash out 70% of appraisal value  or initial purchase price which ever is lower.

But once I did it and everything did work out... actually better than my numbers showed because the lender was able to lock in a lower interest rate when there was a dip because it was closing faster, so my payment was lower meaning a larger spread available for profits... once I saw that this all does actually work... and pretty much exactly textbook from those books from Brandon on here...

You'll have more rental prospects and thus lower vacancy. 

However, you saved $24,000 by paying a lower premium for the last five years so you actually have $34,000 towards the roof replacement.