Hi - He was probably referring to the DSCR loan product, which runs FICO and requires typically 6 months of PITIA reserves in liquid assets, but otherwise is based entirely on the property (no income verification, no tax returns, etc.) 

Liquid cash on hand is not a problem for us now, but we need our monthly payment to be manageable.

But, for the most part, you're going to get crushed on every offer by cash and even traditional financed offers.It also depends on your liquidity.

In this scenario, you end up with 25k liquid cash, 30k in funds available to draw from your heloc.

I was hoping my liquid capital would allow me some leeway with employment.

In it he argues that if you can fix something major like a roof prior to getting a house appraised as part of a refi you’ll recoup part of that investment with the additional value you’ll be able to pull out after getting it done.My roof needs to be redone and I’m torn on if it’s worth it to liquidate some stock to get it done prior to getting the house appraised to generate funding through a HELOC or cash out refi that would be put into another investment.

The take a liquidity line against your investment and loan yourself money to buy real estate at cheap rates.

His dream home popped up on the market and he needed to liquidate his positions in order to buy the house.

I'm not liquid, so my guarantee on their investment would have to be liquidated and paid out if my flip flops.

In my mind, a cash buyer is somebody who has the liquid cash/equity to complete the transaction.