Hi guys,I am fairly new to RE investing so I still have lots of fears and doubts before I decide to pull the trigger.The following is a property I found in Jacksonville FL that I am researching as a potential deal for a buy and flip.

We use their lists in over 40 markets.In this video I show how to use Listsource.com to pull a list of "absentee owners with high equity"....  

I am just saying that I am confident enough in the building that I found and my skill sets to pull the trigger. 

If you pull cash out and/or you trade down in value, you will pay tax on the amount of cash that you pull out or the amount that you trade down by. 

Have a mortgage broker pull your credit and let you know what kind of loans you can qualify for along with any credit repair needed.

If they deny the request then we just have to pull the plug.

If those don't work, check to see who is pulling permits in your town as that is typically a sign of legitimacy if they go to the trouble of doing it right.    

I would pull the money and buy as many houses as I could.

You could likely be pulling in $1,250 a month or more.While I admire your loyalty, it appears that you are kinda taking a big hit monthly... which slightly defeats the purpose of investing.Also, I'm curious as to where your $110K number came from.

I am in the market for an 8 to 12 unit building for about $600,000I am pulling closing costs and down payment out of equity of other propertiesI'm having a tough time finding deals to cash flowBecause it is truly a no money out of pocket deal there is no cash on cash return ...its infiniteMy question is what type of return should I be expecting when doing a no money out of pocket deal?