But theres this one company who says I don’t need a down payment, but I need to have 20% liquid of the amount at 3.8%.

But theres this one company who says I don’t need a down payment, but I need to have 20% liquid of the amount at 3.8%.

Hardly anything liquid right now.

we negotiated in our LOC docs that if they were going to freeze them we had then 3 full years to retire them.. this saved our bacon in the GFC where others got hammered and were forced to liquidate at even bigger loss's than we took.

Liquidity - yes.

But thank God for my….with the above in mind to have the net worth and liquidity along with cash flowing RE that doesn’t require me working 16 hours/day like I use to.Best Regards

Based on your liquid cash and pre approval amount, start experimenting with BP’s mortgage Calc when viewing MLS listings to get comfortable with the inputs for monthly fixed costs.

There would be a management fee and then other possible fees and then the profitsTraditionally investors would get between 6-9% preferred return plus 80% of profits in this situation and they would want to liquidate in 7 years.

If you are looking to churn and burn residential and suburban single families across the US and keep liquidating to build capital that you then can invest in multi-family buildings that you then will hold, then the HML fix and flip program is for you. 

Higher end real estate is actually quite sought after to a very savvy investor with higher liquid cash, personally some of my investors i've worked with have done a few deals in the 750,000+ purchase price.