Purchase price: $65,000 Cash invested: $30,000 Sale price: $195,000 Live in flip.

We sometimes have seniors who need to move into assisted living immediately without much cash but they have significant equity in their home.

Between the equity on the condo and the extra cash you have, you can purchase 2-3 homes. 

Since Landlords are going to be monitored even more now with the price gouging issues surrounding the fires in LA, I would be extra cautious.

It may take 2-3 extra months, but the rent is still coming in.

Purchase price: $295,000 Cash invested: $50,000 Single fam home, desirable neighborhood.

I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.

If you don't have a clause and there is a valid lease in place you more than likely have to honor the lease unless you can come to an agreement i.e. cash for keys.3.

But based on my personal experience you won't cash flow with a DSCR loan on a SFR rental.

The third property has a nice cash flow.I am wondering if there are steps I can take to reduce the cashflow issues of the 2 properties before obtaining another property, like pay down the mortgages or should I just save the cashflow from the third property to pay for any future expenses?