You don't need to pay off the properties to cash in the from equity. 

With your proposed seller finance terms, you'd see serious negative cash flow for years! 

Purchase price: $825,000 Cash invested: $41,250 May 2022: We bought a single family home with an ADU north of Boston in the town of Wakefield MA.

📚 Areas of Interest:Property Management: I’m fascinated by the art of keeping tenants happy, properties well-maintained, and cash flow steady.Investment Strategies: Let’s talk about flips, buy-and-hold, and creative financing.Community: I’m passionate about building a supportive real estate community.

Purchase price: $170,000 Cash invested: $32,000 I bought this as a duplex that used to be a triplex.

New plumbing, electrical, and mechanical behind the walls? 

However, I was speaking with my real estate agent today and they mentioned that I could not offer a "cash" offer if the cash is: 1) Coming from a third party and 2) The cash offer has to come from my approved bank account.

The equity she wants is $55,000, which I don't have in cash fully, but I own a home now with that in equity, and I have money in an IRA. 

If not, you will need cash so you will need to obtain a loan here. 

I have a potential hard money cash provider to fund the acquisition of land and fund new construction build.