This is why a lot of investors who don't have much of their own cash to inject into the deal don't do FNMA REOs.

It's injecting value right back into the hard earned currency of the east coast.

My labor, my capital injection, my running things on a day to day basis.

When there is a bite, some of it is injected at the site of the bite!

Think about it this way: The bigger the down payment, the easier it becomes to say that the investment is "cash flow positive" - but only due to the injection of funds that you made.

There's no major "wealthy" cities nearby to inject money into the town as a vacation destination. 

It's been too long and the floor underneath is soft so I can't inject epoxy and reseal it.

There is no minimum that needs to be injected by an investor. 

You must then inject another $500k for capital improvements.

The property I owe $1800 on is worth approximately $80K, so I have been looking into doing a cash out refi for a cash injection to help with the purchase of more properties, but I feel that the closing costs are excessive.My question is, is there such a thing as too much to pay in closing cost/prepaids for a refi or is it just the cost of doing business?