How do you maximize your cash buying Rentals and not getting stuck?

[Greg P.]

As the title states, with 200k or so, is it possible buying significant rentals not getting stuck financially and maximizing cash/leveraging? Is there any strategy or methodology to this madness? Thanks :)

[Mark Updegraff]

In today's lending market LOCs on Real Property are non-existent. In my neck of the woods anyway. There are not very many favorable options for purchasing cash and then getting cash back out. I suggest trying to get your financing in place before purchase so you don't need to spend copious amounts of time searching for refi or LOC. At least go to the bank and talk first, though, I will attest that what they say before and after will ALSO CHANGE.

Sorry to be a debbie downer. I'm in Upstate NY