Flips can be significantly different depending on if you meet the IRS requirements for the property to be considered a Primary Residence vs.

You need larger down payment: 15 to 25 percent down, depending on your profile and property type.

If you want to move assets off shore those assets may or may not be subject to collection depending on the country.  

Depending on how bad the conditions are, accrued pref may never be paid out and original contribution may not be returned in full.If pref equity's original capital contribution is not returned in full, common equity is in even worse shape.

This is too important and also sort of a personal question depending on your state and specific circumstance and I suspect not a one size fits all answer would suffice. 

@Eva Sha - Yes, I generally advise emerging developers there will be anywhere from 5%-8% in closing costs (depending on the size of the loan), which include lender costs/fees, attorney's fees, and title fees, plus any other consulting fees.

Price point really depends on the property type, again if the numbers work we will pursue it with in reason! 

Depends on your scenario exactly though, never one cut and dry answer to which is better.

It also depends what type of neighborhood you're buying in though as well.

Hey Tyler, depending on your credit, the max LTV for the cash out will be 75-80%.