Thanks  Pros:-Lower monthly payment = higher cash flows-Save more equity than paying down principal, can be utilized in other projects and to scale-Generally better for tax purposes (no tax benefit to paying down principal)Cons:-Higher rate-Higher risk (deleveraging over time give you more LTV cushion generally)-Less cash out / harder to refi in the future (UPB will be higher)

- $300 a month in cash flow when you're responsible for all repairs isn't a lot of cushion. 

So there will likely be a cushion built in where the seller knows they'd have to pay it to their guy, anyway, so why not agree to pay it to the other buyer broker if asked?   

Choose weather-resistant furniture and add some colorful cushions for extra comfort.

Ideally, you should aim to be able to cover 70-80% of the mortgage with your personal income, allowing for a cushion in case of vacancies or unforeseen costs.

I think you need more experience, reserves, and a financial cushion to do a flip. 

That 2.8% January print was revised up to 2.9%, giving back some of my cushion.

Right, the list of things to maintain and/or replace is never ending; rugs, AC filters, light bulbs, water filter in fridge, detector batteries, pest control, coffee maker, stove eyes and pans, silverware, bowls, glasses, sofa cushions, pillows, blinds, brooms, mops, vacuum, brushes, shower curtains, bath mats, beach towels. 

Especially starting out with little cushion money.If the appraisal comes in higher, which is a good chance if you mindfully underestimate, or the LTV of the refinance is higher, then I should be doing great.Hope this helps and if anyone has any further insights, please share!!

That's not enough cushion.