Thank you, Aaron, our "cash on hand/savings" situation is actually pretty good and we have a great relationship with our local credit union through which we have our current mortgage.

@Eric James You see, when you develop relationship with an agent, you can do that.

Most banks are worried about a relationship because it's not "arms-length".

We have an agent there we really like and their offices are huge so we get excellent in house exposure. 

This business relies heavily on relationships and if your broker has been in this business for 2 decades, I’m sure there is potential for you to grow your network with their help.

Also, typically conventional loans typically don't work in our market because it's so competitive and nobody wants to wait 45 days for the bank to close.Private money is hard to get because it's dependent on trust and relationships, and you usually do need to show a track record. 

Like many things it’s often about relationships and comfort level.

Excellent cast!!

Along with analyzing opportunities, establishing relationships via networking has been exciting and looking forward to more!

Can anyone explain to my why it's so important to worry about cash flow or cash on cash ROI when you have a property with an excellent cap rate?