Hey Chi,Cleveland is good for cash flow and doing value adds.

There is a lot available further south in Lake Worth and Riviera Beach but not the best neighborhoods.

It just needed to be unique, highly desirable, generate cash flow for career freedom, create a legacy of memories and monetary liberation for my children and my children’s children.

Are there any circumstances under which you would find it advantageous to double-close when you had a cash buyer willing to buy assignment from you?

I was wondering if I am in this situation again, can I pay cash (I have the liquidity) and then refinance after closing?

Owen what you are saying is if a storm caused extensive damage to not only the roof but other parts of the structure as well, that damage may still exceed the high deductible, so it may still be worth the additional premium.

Are you looking for cash out?

People are willing to pay the high interest rate because they expect to pay off the loan quickly.If you own the home outright, you would go to a traditional bank to cash out the equity.

Write yourself a check made out to 'cash' and deposit it for the funds needed.Also, you may want to check if you need to KEEP 150% of the funds needed in escrow with the town.

One thing I would add is that you can put effort on the front end into building a cash buyer list and know their criteria.