Doing my refinance now and the rate is 6.9 in Upstate NY, so seems pretty reasonable

I feel I am ready to invest again, maybe doing a BRrr method with cash out refinance or perhaps a flip.

You should consult with a mortgage broker or lender now so you know how to maximize the LTV on the refinance.

One way to buy real estate for cash flow without using any of your own money is by using the "BRRRR" strategy (Buy, Rehab, Rent, Refinance, Repeat).

Options1) I have some cash buyers who are ready to acquire the property under the as-is condition2) Make basic updates to pass U&O, rent it for two years, and refinance it after to take out my investment and profit. 3) Make an update to get the maximum value from the property (Bought at $126K, as-is value $165K, and updated value $265K)The challenge that I am facing is to make the title clean faster without waiting two years so that I can take my investment out and put it into the next foreclosures.

My thinking is that with a heloc as the downpayment or in this case with a foreclosed property, it would 100% of purchase price, I could refinance using traditional methods and pay myself back.  

Disappointing to hear that the 8s are high, but at least the numbers still cash flow and we're in deep on this deal, so I'll consider my options here and consider what a re-finance looks like later.Appreciate your input guys!

I am not looking to refinance since this rates are in the 3% range.

I'm seeking for someone who has experince in investing in different kinds of rental properties; cash out and refinance; growing a portfolio; someone who who likes to help and is good at listening.

Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!