Buy your next property with all cash, fix it up with cash, and then do a cash-out refinance afterward.

i would not buy a random property in Alabama that you find on Zillow and turn it over to people you've never met just because the price point is appealing.here are some threads on how that can go:https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/12/topics/1215726-break...https://www.biggerpockets.com/forums/48/topics/1137397-balti...i own property in 3 states - happy to answer any questions you have.

Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

@Sakib KhanRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

Hello All,I'm considering buying a small home on a small lot in LA.

Hello! I’m actively seeking to purchase either a multi-family or duplex unit in the Columbus area  for a medium rehab project. If you have any leads or information, I would love to connect and discuss potential opport...

Another cool thing about that is that most their properties are in the low 100s, which means that I can buy 2 of them, and then buy another every time I can gather 25k more.

Investment Info:Single-family residence buy & hold investment.

Quote from @Arthur Savery: Quote from @Jaycee Greene: Quote from @Arthur Savery: Investment Info:Condo buy & hold investment.