Best way to pull cash out of low value property.

[Ryan Boren]

Hey BP, There is an area by my house where the properties sell for 25-45k with cash flow of 800-1,000 a month. I already own 1 and am looking to purchase a second, but do not want to have all of my cash tied up for too long. If I purchase a property for 30k and the ARV is 40k I cannot do anything with a bank because the equity just isn’t there. Is their a better way to pull money out and pay myself back? Thank you, Ryan B.