Balance of current loan with private lender is about $470k.pro forma (and actual cash flow) runs about $1200 net each month.Property is owned by an LLC of which we are the two members.Last week I got a quote from a company for a DSCR loan for 9.25%. 

In fact with a slightly higher credit score and full documentation income lenders are going to 95% CLTV..SFR not condo..check in with @Joseph Chiofalo he's helping several clients with cash out HELOC's and fixed seconds currently. 

The current interest rate environment has put a damper on a lot of investor's plans to execute a cash out refinance. 

Purchase price: $177,000 Cash invested: $50,000 - Single-family home in a Residential area near the University of Rochester- Purchased flipped home without inspection, many costly hidden issues revealed after closing - Currently rented for $2,200.

Excellent deal for the minority partners (zero cash contribution) but a low ROI even accounting for tax savings of $24k/yr on a $500k cash investment.

Cash flow return on SFRs is going to be minimal right now.

He is reluctant to accept my all-cash offer, which he believes is very low.

I own an investment property outright and paid with cash a few years ago.

Purchase price: $1,000,000 Cash invested: $400,000 Purchased 25 acres with 30,000 sq ft of buildings with intention of transforming it into a retreat venue - currently leased.

Comparatively to the markets in California and NYC, it is much harder to cash flow with how inflated the purchase price is of most properties in these markets vs properties in Philly.