I use credit cards, write checks, and pay in cash.Each situation can dictate the payment type. 

Also, most situations are of just a few pin or small nail holes here and there. 

But In your situation you could purchase the SFH for most of your cash. 

In your situation, I might investigate further to see if their credit was better before these hurricanes.

Looking to discuss with lenders on financial options.Please DM methankskaushik Sarkar

Yep, we are in a similar situation.

Nobody wins in that situation. 

@Joe Gellenbeck Recommend 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 Class A property in Class D area, what quality of tenant will you get?

In this IDEAL situation the savings is minimal.  

Investment Info:Townhouse fix & flip investment. 109 W 132nd St, New York, NY 10027, is a meticulously renovated brownstone townhouse situated in the heart of Harlem.