Most people with long distance rentals do not make as much money as they would have on stocks.Also, generally if you’re buying and selling a home within 6-12 months, you need to be really on the ball with contractors AND find a GREAT deal otherwise you will lose all your profits in closing costs and rehab. (3-8% to buy, 5-10% to sell).

Jared one advantage to using cash is you can low ball an offer and have a better chance to get the offer through.

It adds massive credibility and legitimacy to your operation and allows you to give a seller many more options than a low ball cash offer (which cash offers have to be).Good luck!

If a property has been on the market for a while (over 100 days) is it OK to "low ball them? 

@Michael Junior Think about working with a mailing list broker. they are usually in the same ball park for pricing and can make suggestions for segments to mail. 

It's often tempting to buy lower-tier props because they are cheap, and new investors want to get started yesterday, so it's enticing to pull the trigger on something just to get the ball rolling.

I have the funds, just not the properties and I'm eager to get the ball rolling with investments. 

You can do multiple refinances at once, but it's got to be with the same lender and at the exact same time and with full disclosure from day 0.Revisit the HELOC at some point in the future when that will be the only ball in the air until the process is done.

@Alexander Ball if you can't get in its the 'proverbial pig in a poke'...

That's up to Wall Street more than anything else, no one has time travel or crystal balls.