If you do find some at that point and you want to buy it you'll have to pay for it in cash that day.

It's also important to plan the timeline for each renovation aspect to understand how it impacts rental rates, cash flow, and property worth.

Lately, I have been getting a lot of off-market properties in Richmond, and it's got me curious are there any investors or cash buyers currently looking to purchase off-market investment properties there?

But, I also renovated and pulled my cash out after some time...

cash offer for less.

One possible idea I had was working a new deal with seller for 50% less than the original deal on the recorded paper and separately give seller cash once I build and sell new home. 

My question is that if a deal has a mortgage subject to an existiting loan and a private lender funds the purchase of the enry fee (wholesaler fee/agent fee/cash to seller/etc.)

I just don't have the cash reserves to get it started to furnish it and get it rolling.

I think the asking price may be more than if it was based on LTR since cash flow will be more with MTR/Airbnb.  

IF you surpass the first two hurdles, you're then facing starting HELOC rates that are easily 12%+ Higher than what a traditional DSCR cash out would run you.- HELOAN option - There is a small chance that you can pull out the equity using a DSCR HELOAN but make sure to calculate the blended rate and total payment before moving forward and comparing that to a full new 30-year fixed loan.