The Delayed Finance section of this blog post is one place to start to learn more about it.This approach can be advantageous by allowing you to be more competitive with cash offers and quick closings when you purchase, but a disadvantage is that you have to pay some of the same closing costs again when you refinance (though if you are able to purchase for slightly less with a cash offer it might even out).

A lot of new investors or want-to-be investors are not working right now, with a result in declining competition.

Very important that you’re cash heavy with this scenario.

Hey Darshil, I've been on and off with Premier Agents several times throughout my career, and here in the NYC market, it is pretty competitive.

So as we have done deals over the years we have always been heavy on cash and light on debt on the deals we do together.. 

.- 2 of them bought in 2020, 1 in cash due to how competitive the market was had to close with cash & am taking a commercial loan on it due to not wanting to wait 6 months on seasoning period to free up cash, 5 year ARM on 20 year amortization.

Well...they recovered...but they never hit that $20 price point again until 2013. (4 years later from the drop)And that came with some heavy stock buybacks which propped their stock price up.

I got in a bad motorcycle accident that had caused a spinal stroke after surgery which left me a paraplegic around 3 years ago which meant I couldn't lift heavy things and put them back down anymore.

Have they done heavy repairs, when?

FHA and VA are the cheapest options, but not very competitive when it comes to hot deals.