Purchase price: $120,000 Cash invested: $120,000 Sale price: $349,000 Nice mid century bungalow conversion to 4 bedroom 2 bath

The key is finding quality notes that are held by folks that are motivated to sell because they need cash.

Purchase price: $240,000 Cash invested: $180,000 Sale price: $789,000 3 Story Victorian build in 1900

But you can not take out any “cash” and you must buy at least as much.

Purchase price: $160 Cash invested: $108 Sale price: $355,000 Vintage 1900 2 Story 1650 Square FT Complete stud to stud restoration What made you interested in investing in this type of deal?

The main problem with single family is it's hard to quickly deploy large amounts of cash. 

I personally recommend looking into out of state investing in a market like Columbus OH for cash flowing deals that hit the 1% rule and have lots of appreciation due to the great macroeconomics - population growth, job growth, and major companies developing here (Meta, Intel, Amazon, Google, etc.).

Just so I am able to buy a property there with a best possible cash flow.

I did use them to pay one of my renovation guys during that same renovation as he wanted cash and didn't want to wait until closing.

Hi @Rita SamaddarI recommend areas based on three things:Budget: Knowing your cash to close helps me suggest the best areas, especially if you're using a hard money loan.Rehab Level: Whether you prefer low or major rehab impacts the neighborhoods I'll recommend.Market Dynamics: Areas with minimal days on market are ideal, as they predict how quickly your property will sell post-rehab.In conclusion, start with how much you have to work with and the level of rehab you're comfortable with to find the best areas for fix and flip.