Most lender's who know what theyre doing are going to require at least the following (just off the top of my head):- tax certification from Title and/or payment of taxes at closing- copy of valid identification and affidavit of any AKAs- affidavit of non-owner occupancy/business purpose use- borrower auth and certifications to release and verify- pledge/collateralization of leases/rents- copy of Title/attorney E&O insurance- if an entity holds title/is the borrower, then: personal guarantee, articles of org/incorp, certificate of existence/good standing, operating agreement, corporate resolution to authorize borrowing if there is more than one member, possibly a UCC1

Find a good investor friendly agent.

My answer will be dependent on the structure of the acquisition of the building and your ultimate basis in the building (and how it is financed).Generally, the cash out refinance you are talking about is a good approach as long as you keep a healthy leverage ratio (I see too many people over extend themselves in hopes of growing their portfolio).One thing to keep in mind if you take the refinance route is that you may not be able to deduct all of the interest expense on the new refinanced note if you are using some of the proceeds to pay off debts on personal properties.Make sure you are talking with your CPA about interest tracing any time you are planning to do a cash out refinance as there are some lesser known ways to structure it so that all of the interest is deductible if you time everything right.

The correct approach is to tell this person to consult their own tax advisor.That said - you're describing a lender charging interest on a loan.

What was the event or action you took that no longer made you feel like an imposter but a real investor?

During the event, an investor shared a troubling story.

I know there are a lot of rules around disqualified persons and arm’s-length transactions, but I’d love to hear real-world examples.

Personally, I love tools like Hospitable for guest messaging, PriceLabs for pricing, and OwnerRez or Hostfully for full-stack STR operations.

I found many things that would scare the heck out of other investors and used that as leverage to get the assignment fee down from $20K to $5K!!!!

Ok so I’m Keshawn I’m 17 very interested in real estate, I’ve been studying I turn 18 at the end of the year and right now I’m trying to build up relationships with investors so by the time I turn 18 I’ll be set and ready to go I know how to bring good deals though studying I know how to talk to people I’m up here trying to find investors that are willing to collaborate to give me a starting chance in real estate.