It is not free money if you are paying 3.5% interest on it… a cash offer does give you an advantage but it is not always the winning offer (especially if you are low balling). there are other ways of structuring a “cash offer” as well especially if you plan on using additional equity in an existing property… look up bridge loans as one example 

-Will activate heloc, seasoned the funds 3 months in external account, then go buy more properties.Overall need clarity on best way to fulfill these Business / Personal status/goals moving forward.While I hopefully build a relationship with some of you and get some answers, I am actively moving forward with the personal side of things and get the ball rolling on the heloc.Just need the categories I can run own accounts and hand over organized expenses, etc. what ever makes it smoother for the CPA.

Also, you can use the HELOC to get the ball rolling, fund some flips, pay the bank back and use the $ from the flips to BRRRR your way to 10 properties.

For sure I was, but thought I could add value to people on here balling on a budget like I am setting up my first airbnb.

If they are on a month to month basis and you are in the process of purchasing you can even ask the sellers to ask one of them to move out just to get the ball rolling before you close on the property.

I dropped the ball on purchasing tickets before they sold out.

I'm excited to get the ball rolling and will be sure to update the community on my progress!

I started investing in Columbus OH and used my VA loan twice as house hacks to get the ball rolling.

@Khari F.203k Benefits to Sellers include but not limited to:they can market the property to more buyers,allow buyers the opportunity to renovation to suit their tastes/preferences, no need to settle for low ball cash offerscurrent condition of the property not required to meet FHA standards prior to COEbuyer corrects any FHA violations AFTER COEno repairs required prior to COEseller not responsible for updating or repairing the propertytransaction will close with the property in its AS-IS conditionclose the transaction in 45-60 daysHope this helps! 

I know nobody has a crystal ball but is there anything I should consider if I plan to refinance and pull cash out at a later time in a few years?