Is there any andvantage to using hard money loans rather than liquid money in the bank to acquire and rehab a flip?

Im not sure if you have 20k liquid and 20k in an IRA, but at those amounts, you can also get hurt very bad and very quickly.

It depends on what you could buy it for and your liquid cash left over to take down deals.If you have 100k to your name and the plan was to buy this property and see if you can turn a profit then I say you did well to pass.If you had 600,000 in cash and bought this for 100,000 and still had 500,000 to play around with to grow cash flow ahead of inflation then it might have been worth a shot to go for it.The property taxes will eat you up for carry costs.

Secured RE is only part of liquidations.

We started spray painting all our trim, doors closets, and ceilings.

I know that for my buddy had his CDL paid for by the Navy because they needed him to drive, and he can also apply for something else (liquids endorsement or haz waste) based on his active duty education.

So just know if everything checks out and your faucets won't spray with water in them, then that's the problem after you blow the lines out.

Getting as many responsible and liquid people guaranteeing your investment is very wise.

It's tied up in something else liquid, like stocks or something.

And, no small benefit, I have the cash in hand for both a sizable down payment and substantial liquidity post-closing.My advice to you is to find a solid deal, know your numbers inside and out, and be honest with the lender.