@Nick MazzinoIt is tough to pre-qualify a situation like this with a bank.  

I can make a 30 yr into a 15 yr with pre payment, but I can't make a 15 yr a 30 yr.

For your next BRRRR deal get pre-qualified or pre-approved for the Refinance loan prior to purchasing the property.  

I have a question on pre foreclosure homes.

However, it's already received several pre-auction bids.

And, check the county records to find pre foreclosures, divorces, probate cases, out of the area owners, etc. 

Hi BP,To those of you that deal in pre-foreclosures, what do you usually do when the person being foreclosed on wants you to help them find a place to live?

A good TK provider should be showing maintenance and vacancy numbers well under 10% - these numbers reflect the quality of the location, rehab work, tenant selection, and general management, so you should be inquiring about the actual figures to ensure you can accurately gauge the quality of the provider.You should also incorporate numbers for insurance and taxes, as well as your mortgage payments, of course.

Also, I recommend you get pre-approved for the cash-out Refinance loan prior to purchase.  

I have no idea if I'll be able to get the tenant to pay me the $10 or if he already paid the seller the $10 and therefore the seller is getting paid twice, so I do not want to pre-pay the seller on behalf of the tenant.It's an odd situation I have not run into before but surely it is common, especially with single metered buildings that have RUBS.