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

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

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. 

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

Buyer rents it to a dead beat, pockets the cash, doesn't pay the mortgage and boom the foreclosure goes on your name.

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

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

It’s generally better to pay taxes, especially if it’s preferential LTCG treatment and make a sound investment with cash that remains than defer and make poor investment decisions. 

It might just be every rare instance we get someone that doesn't want to list, just needs cash offer and quick close lets say before foreclosures and they might call on Friday when the sale is the next Tuesday. 

They seem honest and genuine, and have seen tremendous growth the last few years.