Do these generally have good cash flows?

While Colorado's market can be challenging due to high prices, exploring suburbs like Colorado Springs or Pueblo, or even considering out-of-state markets in the Midwest or Southeast, can open up better cash flow opportunities.

What you use is what you have to pay back.Cash-Out Refinance Cash-out refinance this gives you cash from the equity you have built up in your home.

Do you guys use hard money lender for a rehab or use your own cash?   

Especially in Dayton, where you'll get that high cash-flow. 

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

If you have cash, you could pay off the underlying loan2.

Obviously cash flow would be wonderful, but not necessarily needed.

There is almost no scenario where a condo would ever positive cash flow while servicing debt, and very little positive cash flow with no debt.If your budget only allows for a condo, find a better place to put your money to work.   

I’m considering doing a cash-out refinance, not sure what the best options is , to use the rental property or the rehab property.