The current DOM for those particular zip codes (which covers everything from Texas City to Clear Lake to Pasadena and everything surrounding) still shows that we are still in a strong seller's market. 

I would do this if it meant saving enough on purchase price to justify the seasoning period, the interest rate risk, and I still had adequate reserves to cover costs and expenses.However if you aren't able to see real savings on our has price then you should finance it and use Heloc for down payment only.

I'm a pragmatist, so I think of things in the big picture.

I have signed an offer on a house sight unseen only from pictures and based on the seller's description.

Most real buyers are actively looking so they will find the house as long as it is well presented with good pictures, descriptions, and other information.

I received a text from my tenant with pictures of the damage but they don't know how it happened or who may have been.

Is there a website where I can post pictures and my info?  

Is there a website where I can post pictures and my info?  

@Valerie Copeland there is a lot more to this, but the BP rules (2%, 50%, etc.) are completely pointless and are causing folks using these calculators to produce false financial pictures of properties.

( addition tore off, or are you exaggerating the roof)  based on your project details, id guess 45k+ in rehab .... building a second story would be out of the picture for me.