Keeping that in mind, many have more equity in their properties and some believe strongly in having zero debt and paying off the mortgages as quickly as possible rather than continuing to buy more properties through refinancing.I have at least 30% equity in every one of my rental properties.

Through some hard learned lessons I am committed to learn and succeed in real estate investing. 

If so, I strongly say "no" just based on that regardless of what the deal is.

I would strongly suggest you find some local real estate investor meetings in your area, you'll find more cash buyers and other people in the local industry, it is very very useful to build those relationships.

From what I know, they will Flag this and won’t approve your mortgage if you’re not a strong buyer .

It is a good area to do BRRRs as there is a strong rental market and lots of old houses that are good value add opportunities.

The growth is supported by some very strong fundamentals. 

We get short but strong rains.

We are looking for strong relationships moving forward in various markets that can allow for mutual success as we continue to expand our portfolio. 

And the money is gone... all spent on super strong margaritas on a tropical island.You can say that the bank can track down the original guy they lent the money to, and go after him.