.- Understand the areas that are most in demand for renters are likely the areas where owner occupants begin to push purchase prices to the point where the property barely cash flows as an investment at first.

Whether that will be cashing out of the Colorado market at that point and re investing in a better cash flow market or maybe we will be able to make it in Colorado.

Of course, it's a bad time for cash-out refi so HELOC is better now.

Purchase price: $212,000 Cash invested: $25,000 3 bed 2.5 bath townhouse 1 mile from Augusta National (Masters Golf Tournament).

One of the things you want to watch out for is that you don't run out of cash money on hand to throw at problems while you own it.

As a lender, we require flood insurance if the property is in a flood zone, which can eat into your cash flow if you want to hold the deal. 

Can I get cash via escrow(they pay advance) and buy coverage later on with $600?

Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k).

If the property is posted on a fsbo website & Zillow if I was to wholesale for more than what the asking price is on those sites will every cash buyer shoot me down when I shop it even though there’s still plenty of equity available for a fix & flip or to buy & hold or whatever other strategy they may want to use???

The goal is to be close enough with a calculator to make an informed decision, based on your risk tolerance and capital reserves (Cash in the bank for variances in the bills or emergencies).Regarding my comment on off-market properties - I'm referring to the buyer who wants to find a "deal" through a wholesaler, but does not think to use a real estate agent/broker, and is either using cash or owner-financing.