I met a lady and her son that own roughly 11 properties throughout the city approximately 40+ units in their total portfolio.

It may be a less expensive option for the lady. 

I don’t have time for wild analogies or personal attacks.

So in my hypothetical perfect world scenario, the numbers would look like this for two SFH BRRRR projects happening simultaneously:Cash Purchases: $80KRehab: $60KARV: $240KRefinance 70/30 LTV: Pull out $168K, repay $140K SBLOC, $28K extra left overor Refinance 60/40 LTV: Pull out $144K, repay $140K SBLOC, $4K extra left overObviously the numbers will vary wildly with holding costs, closing costs, etc.  

@Frank Cameron what a wild ride!!  

Most likely the lady will say she fell or something, but MAYBE this time she will stand up to him.

The reason I decided to pay them (which wasn't much, less than $40 including chocolate for the cashiers) was that they were able to follow my guide lines using their system avoiding hours of online research and sifting through properties I wasn't interested in, and starting the relationship building with the ladies at the county office.

I went to the bessemer tax office a to ask about this and they said to just sign the redemption letter and let them (apex bank) in knoxville tn. prove that they hold the lien. when i spoke with the lady representing this bank she said the owners used property as collateral on a loan that was defaulted on , so i guess i have 2 questions in this thread. 

@Frank Bee ,There is a continuum of perspectives on whether to use leverage (i.e. debt) on the passive rental properties or pay all cash.On one end of that continuum, I know a widow lady in Denver that used her life savings to buy a $250k rental duplex for cash several years ago.

I said lady  those are my lots what are you doing trying to sell MY LOTS ..