But if they are seeking to hold a property for any length of time and want their cash investment back there are some important rules to understand with conventional loan:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of....Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”...WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchaseprice.

I'm still in the early stages of seeking out deals in my local area, driving for dollars, direct mail marketing, etc.

I have multiple partners with large amounts of money seeking passive investment opportunities. 

There is a misconception that turnkey rentals are passive income, they are still a business and you have to stay on top of the property manager.As always, don't trust the internet, seek professional advice.

Hello biggerpockets! I am looking into buying my first rental property in Athens, Ohio for a college rental. Ideally, it would be a multi-family home within walking distance to campus. I graduated from graduate school...

In the past year, the amount of out of state investors that are seeking property in Columbus has easily doubled.  

Hello BP NY - I'm seeking a home inspector recommendation in Binghamton, NY.

Remember, builders seek to make a 10% profit margin, so if it was possible for them to make 20-30% consistently on $100k fix and flips they would probably stop building and start rehabbing.

All of this assumes you have time and the desire to seek out your own investment properties.

The person you are seeking is someone who doesn't know what can happen if things go wrong.