Purchase price: $140,000 Cash invested: $55,000 Sale price: $255,000 My business partner and I took on this Arlington property as a fix-and-hold investment.

Quote from @Jeff Skinner: I am just getting started in my real estate business. 

"Chasing" after a tenant is not good business and will waste a ton of your time.

This is a business purpose loan and will have a prepayment penalty and possibly cost a bit more than conventional financing.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

So your $300k number might be what the flipper sold the final product for, less what they purchased it for.

That said, I've seen many of these carriers are pulling away from habitation exposures (non-renewing a good portion of that business).  

@Pixel Rogue The cash out proceeds should be for business purposes such as investing in another RE project. 

Today we basically run two businesses, one in REI and one is a brokerage team.

I’m new to the field, but I’m eager to learn, connect, and grow with like-minded individuals who have experience or are also just starting out.I’ve always been drawn to entrepreneurship, and wholesaling real estate caught my attention as a great way to build a business while helping others find investment opportunities.