I will research my market to find out what's required for my state.

There is no one size fits all answer for this question, market to market, and property to property are all different. 

Im not expert but Ive took out a heloc and dragged on going on my advise and it suckedHi @Mario Morales, There are 2 things I would pay attention to in the scenario you describe. (1) Most cash out loans are limited to 75% -80% LTV meaning you wouldn't be able to get all of your cash back out. (2) The interest rates I see in the market are closer than what you've listed.

These cities are the well known, sub 100k markets in the US.

Low down payment AND it cash flows also AND buyer has title.Maybe I am asking too much, but I don't think so.Perhaps you just market to homeowners.

We always run a market analysis before making a purchase for ourselves or our investors.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Unless you are sourcing properties yourself off-market, REI became much more challenging in 2023, and downright brutal since the start of 2024 here.   

I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.

So they used the actual rented data of these companies to compare what rentals should go for in your market.