@Quan TruongAs a licensed real estate agent and insurance agent in Houston, TX, you can effectively lead your real estate journey by partnering with other investors, lenders, and property managers.

And the property managed by a "preferred property manager" instead of buying a turnkey property through a trusted provider and keeping everything under the same roof.Would love thoughts from fellow turnkey providers, lenders and investors.Is the trend going in the DIY direction nowadays more than prior years?

lenders allow you to go up to 80 to 75 loan value for cash out purposes for new purchases.

Even what municipality we are pulling the permit (Some are more difficult).The state of Florida has the toughest building codes in the country which can add to the difficulty here so I'm not trying to compare FL to other states!

Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.

Altough you may only "need" 20-30% down having reserves will go along way with a potential lender.

The buyer's lender requires this so we are at a standstill and I am worried about losing the buyer and having a hard time after if this is not fixed.

Just because a lender says ‘no’ does not mean you wii get the same reaction from another. 

Even if rates rise slightly, securing a historically low rate now offers financial stability and savings compared to past decades.

I am a local lender here in Miami.