You will just be capped at the price you paid for the property as your loan amount (which is not typically an issue unless you are buying well below market value.) so, if you can truly get a better deal on the property by paying cash it can make perfect sense.

I have a fair amount of equity in the home I'd be more than happy to pull out and utilize! 

That is pretty standard in my market and if I am not mistaken it is more like $25 dollar add on here roughly.    

If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.

Pick a market drill deep into that market, learn the market and success will follow.

Learning about the seller's approach and way of thinking can help you make your negotiation plan more effective.Every seller in the real estate market is different, just like every person is different.

Hi Jay, that's a great introduction and it seems like you have an excellent background for real estate.I have to say it's surprising, like you said, to see someone focusing on RI vs. other developing markets like OH and FL, but with enough work it's still possible to find something that cash flows here, too.

Hello, my name is Lalania and I'm fairly new to Real Estate/Investment so I'm currently educating myself. 

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Springhill's growing market further enhanced its appeal.