Purchase price: $212,000 Cash invested: $46,000 Sale price: $325,000 Found a great 2013 SFR in an A class suburb that was mostly interior cosmetic.....IE smelled like cat urine or smells like money!!

I think it is more unprofessional to not be responsive to emails and calls and texts from prospective clients.

We have not identified a new primary or investment property to purchase yet.

Purchase price: $370,000 Duplex that was purchased on the backend of a 1031 exchange.

TIA@Shi Esguerra I am a fellow investor and realtor working with other clients in and around the Dallas/Ft.

Thank you. yes your wrong.. the day of equity only loans left the barn in the GFC.. pert near every single HML that is in the business of making loans will want to see you bring some cash in.. now you can refi paid for assets and take cash out.. so maybe thats what you do buy them for cash then refi.. but for new purchases they are going to want to see downpayments..

I plan to access some of the equity in my home, along with cash on hand, to purchase and reno property.  

I've heard of this elusive VA Rehab loan that allows a buyer to purchase a house and get cash to do rehab work.  

Aligning with a mortgage lender that puts their clients first pays off when the going gets tough..and it always gets tough no matter how 'clean' the borrower.

I know there are hard money, and private money lenders, but since it's my first purchase I don't think any of that will work for me.