Purchase price: $84,000 Cash invested: $45,000 Sale price: $170,000 This was my first flip with a partner.

Not all properties will cash flow, especially in some areas. 

If your backyard flanks something unattractive plant the bushes, it is worth the cost. 

Refinance into 30yr VA and got $38,000 cash out for use in Florida investments.

*Buy and provide a golf cart as an additional fee (which I view as you best chance prove the value and cash flow from the asset)*Do not buy a golf cart, but simply provide info to a local golf cart rental.

Best way to find a solid cash flow deal is to talk to an expert in that area as well as on the Bigger Pockets forum.  

@Kyle Weinapplehas the house gone up enough in value such that you could do a cash out refinance? 

Cash gets burned.

If you hold it for 8-10 months you can start the application process and close on or after the 12th month.It makes very little sense to me to fix and flip a property if it cash flows and you have a good enough ARV to pull cash out and repeat the process. 

Further, you now own a “free and clear” property you can borrow against should you desire and probably get all your invested cash out.3.