So with that disclaimer out of the way… Tulsa is a fairly safe bet.

I bet I can get $95k.”

I bet you have enough stories for a paperback

Location is key, so buying in the best neighborhoods is your best bet for solid appreciation.

Do your own due diligence and build your own trustworthy relationships moving forward.

Is there a trustworthy property management company you can engage where it would still cash flow.

I think your best bet here is a DSCR cash out.

My point was that in the short term… until rates come down, you might be better off taking the safer bet of money in the bank given that you would see about the same cash flow, without the need to refi in a year… especially if you can’t even find a cash-flowing property in the first place.  

He's playing with numbers, I reckon, and I bet there was a mortgage on the property, so his cash in was not $230k.

I would check this list out if you want to absolutely make sure you're getting a lender that has that perfect combination of trustworthiness and solid terms!