How bout this, rather than sinking so much money into Dead Equity, look at paying off other NON tax deductible debt, invest it in retirement savings like a Roth IRA, Annuity, Loan the money out thru a company like Prosper or simply put that money in the bank and let it subsidize your monthly nut.   

The "investing for cash flow only" crowd is not investing high growth markets like Cali, NY, WA and other prosperous parts of the country.

Can’t see how much more they can squeeze in the north dallas area...unless they are aiming for the area north of Prosper.

Then you could also look at Sofi, Prosper, and similar sites.

I would like to use this as a down payment on a flip, but not sure of the best combinations of financing to do the deal.I looked and I could go with just a traditional crowd funding loan from Prosper or Lending Club and pull out about 60K in cash, but the problem with that is I have to make payments. 

You look over the hill and see all the water, shade and prosperity you need.

I am originally from the Monterey Bay, but currently reside in the South Bay Los Angeles/ Long Beach area.I was raised “on the fence”, in the sense that I was exposed to much prosperity and poverty growing up.

We had luck with Prosperity Bank, Green Bank and Mint Bank.

I've lived through two of them and prospered greatly in the first-oil market collapse in the '80s, and survived handily during the second-investment banker's scam of the 2000s.The first time I paid cash I noticed the first benefit at closing when I looked at the HUD-1.

I have used 3 different lawyers, several real estate agents and list goes on.I wish you all the success and prosperity in your venture... just make sure you measure twice then cut once!