The investor who bought this home owns an asset that is cash flow positive from day one and one that will benefit from all 5 profit centers of rental property investing for many years to come.

This is why I prefer the cash-for-keys approach.

If you used a loan to rehab your property and find yourself in a difficult position, doing a straight refi (just paying off the old mortgage) will be easier than trying to pay off the original loan and take additional cash out.

Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?

but it's not a mailbox money / cash flow situation.

This is a classic wrap.The second option is for me to collect $50k cash from Don and let Don pay off my $150k loan to Chase.

A couple of our cash flowing properties do not yet count towards income because they are not fully seasoned.

So, no, during the year I owned it, it did not cash flow. 

Hi Jessica, I would suggest getting a propstream or any other lead generation account, finding cash buyers who bought similiar properties to yours in the last 3-6 months in the area of the properties you are looking to sell, skip trace then cold call or cold texting the list. 

We have a home that we are almost done remodeling that we would like to try the mid term strategy to increase our cash flow vs long term.