If the seller is upside down, they would have to bring cash to the table to be able to get out of the property.

Although in the long term I could see a good payout it seems you would have to have years of negative cash flow. 

The only thing is that will not allow you to do it as a cash-out refinance, because they only allow you to directly invest the money given in a new property with financing from that bank.

As many of us are seeing, finding cash flow is more difficult these days. 

Purchase price: $390,000 Cash invested: $25,000 House hacking is a strategy that involves reducing or eliminating your housing costs by renting out a portion of your residence.

.* [Soon] Buy a condo with that cash, live on it, and pay the loan interest (as if it was my rent), basically making this an interest-only loan, where I can pay the premium whenever I want, deducting the "rent" as I go. * [6-24 months] Whenever I find a job and qualify for a FHA multifamily, get that property (with break-even cashflow most likely), and rent the condo at a cashflow loss for a couple years until rent increases (due to high-interest on underlying debt)* [Almost immediately afterwards] At this point, do a cash-out refinance on the condo to pay back the SBLOC (unsure if this is possible immediately after getting the multifamily loan), and secure a lower rate for the condo itself.I know this strategy sounds like loser, as it bleeds money all around, but my hypothesis is:* Underlying assets should grow more than 8.15% in a given year, and I would not pay short/long-term taxes on stock.

I'm not sure if you plan to rent out the entire house or do a rent-by-the-room but you should charge as much money as you can so that you can keep the extra cash. 

The cost of entry is low, and cash flow is high.

Hello everyone, I’m an out of state investor to Kansas City Missouri.I am based in North Hollywood California and I acquired 4 doors in the past year in KC MO .I’ve been buying Turn Key properties from my investor friend in KC MO.After getting my apatite bigger I’m looking to buy by myself in order to be able to create a bigger equity by doing the deal from scratch.I have a strong income and about $200K ready to invest.I’m currently looking on SFR and small MF (price range 80K-250K) that will cash flow and will generate long term wealthI’d love to connect with experience Real Estate Agents, Property Manager and Contractors.Thank you for reading my post and looking forward to connect and share more about my RE Journey!

🤔✨Not finding any comps to justify asking price✨Seller not willing to sign PA until someone physically sees it✨I have no "Boots on Ground" in the area✨I only have one potential Cash End Buyer who did not want to sign a NDA until he drove the area and looked at the building,QUESTIONS❓❓❓✨Do you have any suggestions on what type of buyer might be in position to purchase this kind of real estate?