…They simply have to buy as much or more than they sell for (after closing costs) and reinvest all “cash” they receive. 

It usually requires a much larger down payment, like 50%.

Cousin a does a cash out refi?

With a non-spouse inherited IRA you have (up to) 4 choices:-Cash it all out now-Cash it all out over 5 years-Take required minimum distributions based on your life-Take required minimum distributions based on the life expectancy of the oldest beneficiary of the inherited IRAEach of those options has different tax implications.

Lending Issues on CondosWhen you're looking to purchase an ocean front condo or investment condo, I highly recommend paying cash if you can and here's why.

Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.

The cost of living is extremely low compared to other cities and you can still many many positive cash flowing and 1% deals here.

You might have cash flow down, but what about the other more complex metrics?

Purchase price: $130,000 Cash invested: $175,000 Sale price: $550,000 Full Cycle Pre-Foreclosure > ShortSale > Fix N Flip

Although if you paid cash, youre always free to forgo insurance and assume the risks yourself.