Hi,I’m from NYC and starting to look out of state for good BRRRR and/ or good cash flows.

Bro, if you just add a 4 story addition and rent half of it as an air BNB and the other as a LTR you'll be able to cash flow for surePurchase price: 120kRehab: $500ARV: $7.4M

Here in OK, investment in general has really picked up, including an influx of cash end buyers.

I'm buying all cash, no loan.

A rental, bought all cash, is going to cash flow and let you learn the ropes and make some mistakes without being overly burdened financially.  

That can happen if you buy a home that needs a little TLC or renovations and after the upgrade the new ARV might put you at that 85% LTV or lower, possibly even be able to take cash out.As a first time home owner you can use FHA 3.5% down or Fannie Mae 3% down (single family).

I use to be sold on the Umbrella policy but then you have to up all your insurance premiums to meet the Umbrella policy which kills your cash flow. 

This led me to refinance my 3 property portfolio to pull some cash out in order to buy 2 more.

Will banks have any issues doing a cash out refi on deal like this assuming i meet all the other qualifications such as credit score and DTI.

Purchase price: $135,000 Cash invested: $40,000 I purchased this farm as a place to park out tiny house on wheels & to be able to rent out the house on the property to have a cash-flowing primary residence ;) What made you interested in investing in this type of deal?