He paid monthly for 14 months until he forgot a check, got hit with a late fee, then paid the remaining 10 months in one check.He moved out at the end of his lease with no issues.Of course, this is the exception, not the norm.

The paid off property is an attractive and way lower risk / less work investment from my seat.

Fannie/Freddie now have a rule that if you are doing a cash out refinance, the loan being paid off has to be at least 12 months old. 

I believe we paid around $500/$600 here in Miami, Florida. 

MLS 525k Was original list and I got paid my RE commission How did you finance this deal?

@Yezenia HernandezI started with pre-construction short-term rentals in the Riviera Maya, since it's Mexico's and one of the world's main tourist destinations and so the profitability has been very high there.

Even with very little cash on hand, you can get creative financing; for example, I did my first flip renovation with a new business Credit card one year with 0.00% APR, paid everything back after the sale, and got points and signup bonuses.

I had seen an ad recently from quickloans about something they offer, they give cash for the equity and then when you sell the property they are paid?

We paid them 9% interest (they put a private mortgage on the property) and give them 19% membership interest in the holding company LLC How did you add value to the deal?

So that's another layer between you and getting your money back and/or paid.