I am assessing a deal for a 2 unit building.A commercial space on the bottom and residential on top.I am confident of improvement costs and my eventual cash flow.Regarding assessing the value of the deal.Normally, I would simply divide my cash flow (which includes mortgage payments) by the down payment to get a return.However, because of the condition of the building and the better deal I can get I plan on buying the property cash then improving it and then refinancing to get most of my cash back.My big question is that going all cash and planning on a refinance is riskier than mortgaging upfront and only risking your down payment.But I am not sure how to calculate this risk.(1)What are some risks to my cash that is tied up before I refinance?

I'm active duty military and I'm getting ready to retire from the military within the next two years.

Rigo, we are active in the Lehigh valley.

Do you go by the assessment value the county gives it and then take 10-20% of that to make your offer?

The indexers have outperformed almost all actively managed funds focused on industry niches.

Just be careful with condos as HOA fees and assessments can eat your cash flow.

So if this is a 'remote' activity, you should really think twice about this IMO unless you have experience rehabbing from afar.

Have sold one lot, deeply deeply discounted, getting impatient, have been actively looking for deals but how do you turn empty lots into cash for multi's or BRRR's.

Identify a few rehabs that are ‘active’ and watch them.

And lost on many is that the process to find leads and do marketing as an investor or Realtor is basically the same.So, I wanted a flexible schedule (because I have a job), this was huge and I didn't want my real estate activities to become all consuming of my time away from my family.