Not a primary home, not a flip. 

I understand in most cases you do not want to be purchasing a second position DOT and I do thorough research.The primary DOT has not issued a notice of Trustee sale so the beneficiary has not attempted to foreclose.

@Nate Jenks no problem, here to help and clarify.When we speak to "cash out" loans in lending the maximum loan amount is usually 80% LTV on a primary home. 

MiThank you, I believe virtually all markets are over valued, but over the long term many (including my primary market) will have appreciation in excess of CPI. 

I would be happy to connect you with him if you wanted to inquire further.I think 10% is as low as you will find for investment property, unless you purchase an SFR with an ADU or mother-in-law and house hack with a primary home loan.I hope that helps!

My primary goal is cashflow so looking for an asset that works and is also in a growing area.

Quick/cheap flights from Philadelphia, where my primary residence is.5.

A lot of times the investment property is their former primary residence. 2.

The other route you can look into is purchase+rehab loans if it's going to be a primary, if it's an investment then using hard money, bridge loan, or DSCR.

His REI is an after fact, the hopeium sales are primary.