Usually living in it for a few years may be enough for it to cash flow positive when you move out.  

Purchase price: $57,500 Cash invested: $100 Sale price: $90,000 Small vacant lot, overlooking I-40 on the westside of Nashville How did you find this deal and how did you negotiate it?

Purchase price: $140,000 Cash invested: $24,000 Sale price: $220,000 I knew from the start that I was going to buy this property.

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

DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620. 

I personally love the Cleveland market for its cash flow.

I am mostly interested in appreciation/pay out at the end rather than cash flow each quarter.

Hi All, What are the best cities to invest in midterm rentals which will cash flow and appreciating year over year? 

Purchase price: $3,000 Cash invested: $3,000 Vacant Lot What made you interested in investing in this type of deal?

With higher interest rates, I am having a harder time finding deals that will cash flow (as is everyone I'm sure).