Then you will need to have a cash out refi to pay yourself back.

I asked AI should I pay Cash for 1 home then refi or buy 4 homes with 20% down on each home for 139000 3b ed 2 baths then im stuck a 4 home till i get another 20% down there answer was When deciding between paying cash for one home and refinancing later or buying multiple homes with 20% down, there are several factors to consider.

You will almost surely be at negative cash flow house hacking in JC, depending on how much down.

Infinite cash flow with minimal work was the goal.

Is that cash, small bills, in a suitcase?

Particularly buying properties to rent out for additional cash flow but also flipping properties.

Now that you are behind the bank has to put this as a liability on their books and have $400k cash set asideBanks only require 10% reserves typically so that $400k is stopping them from lending approx 3.6M in loans 3.6M at 7% is a big number and will lose a lot more from this than $10-$20k on your loan.

Purchase price: $330,000 Cash invested: $16,500 We purchased in 2021.

Obviously not every property is going to be a home run but a lot of deals I've analysed have struggled to be cash flow positive after crunching the numbers.

If I have a ground up build I paid cash for, can I use a DSCR loan to take a mortgage out on that house to build a rental home on a lot we have next door?