Doesn't really make too much sense to me being that once you hit 20% with a conventional loan you get rid of PMI which would eat into some profits long tern

That makes sense.

@John Jimenez you can always ask for the rates and see if it makes sense.

That being said, it could make more sense to you to buy for low to moderate cash flow but strong appreciation, versus the other way around.If you want buy and hold rentals, I’m hoping your idea isn’t to tie up all your cash in ONE property, but rather to get your own traditional investment loan or creative financing from sellers.Another consideration is many speculate we could be nearing the top of a real estate market cycle, with a dip in home values expected when you could pick up some better deals.

@Ryan McGlasson, I think most markets are overpriced and rents not making sense.

It can be difficult to get a cash-flowing property (or break-even) with 100% financing UNLESS you're doing some rehab on it.VA loans are great tools, but it can often make sense to buy a property you will live in and rent out a room or two to some roommates. 

This is  a deal will be bought in foreclosure fixed up and then rented for 3-5 years  before we sell.Can you please be a critic of my logic in buying all cash in a market where a refinance does not make sense. $2,500.00 MONTHLY INCOME$1,739.50 MONTHLY EXPENSES$760.50 MONTHLY CASH FLOW2.41% PRO FORMA CAP RATE$9,126.00  NOI$295,800.00 TOTAL CASH NEEDED3.09% CASH ON CASH ROI4.56% PURCHASE CAP RATEAfter Repair Value $379,000.00I will Sell the Property in year 3-5 years with a $92k-$139k in profit. 

Hi @Nadia White,Makes sense thank you. 

Owner pays water.Need to find out about sewer, garbage.I'm sorry to rain on your parade, but right now, the price seems to high to me.I would rather not enter into a poor deal, so I appreciate the feedback.What price point does this deal make more sense to you?

I was trying to get a sense of what's everyone cap rate if this is the land play.