@Dominique GuinnaneA buydown could make sense for buyers if it allows them to get a mortgage without significantly increasing the purchase price of the home or draining their cash reserves.

Out out state is great for cash flow, so it's a matter of what you are looking for.

Of course if the seller had no debt he could obtain all the loans himself and have the same cash out without selling the business and without having a basically unsecured note for his “equity”.  

BRRRR: All-cash purchase and rehab of a SFH or small multi-family up to $250k.

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

My 6 month goal is to create a strategic real estate investment plan,  build my foundation of knowledge via BiggerPockets podcast/ webinars, and continue to save (I will have 60k cash to invest) My one year goal is to make my first real estate investment purchase.This is very vague, although I am currently reading Brandon Turners book “Rental Property Investing” and creating my plan to be much more detailed and intentional! 

To clarify, I am not paying rent currently (I have been giving cash to a family member but it would be hard to prove).

Hey @Jessica Lopez, once your Airbnb is optimized, then I'd suggest speaking with a few lenders to see what you could get on a cash-out.

You will need money for a down payment and money for closing costs.It is also a good idea to have some cash reserves.You also will need money for any fix ups that need to be done when you buy it.

It's a strong cash flow market.