One a Heloc rate is much higher than a typical cash out refinance rate even if your first mortgage rate is low more than likely 3-4%.

- Do I need the cash to invest in something else right now or on the near horizon?

Talking about a person or company who will bring in cash for down payments and floating capital between renovation draws.

We closed and right after closing my client put the stove back, moved into the basement and cash flowed the vacant unit. 

What are you going to do if you promise them a cash deal and can't find a buyer?

This would surely put me in negative cash flow of $2000/month.

if you were worried about them trying to take money from you, then you should have been smart and put a meter on their water pump after you told them to flush it out or whatever so that you can gauge how much extra you cost them and then take that off the rent and then there's no discrepancies. it was completely due to your negligence that caused them an inconvenience and a health hazard. not sure we're all these other landlords get off assuming these are just cash grabbing freeloaders when they didn't do anything except do their part and move into a place and pay rent.so you can benefit from them doing so.

I think property values are fairly stable and cash flow is easier to find than many other places in the country.  

This method allows you to set terms that not only cover your existing mortgage payments but also provide additional cash flow each month.

Purchase price: $135,000 Cash invested: $81,000 New resort in Punta Cana area.