This entails furnishing bank statements reflecting ample cash reserves to cover the property purchase and potential rehabilitation costs to get the project started.

You also probably will not get a $1 in cost <= $1 in value from the ADU after construction, if you tried to do a cash-our refi or something.

I scored a 5.9% with my bank on a decent size loan but that is with a 40% down with really good cash flow.

I'm soul searching right now, but this whole due on sale clause seems risky until I have some major cash or credit line to back me up in the rare chance the loan is called.

Please keep in mind that we do not want recommendations for strategies involving financing, as we want to get some core holdings that produce immediate cash flow and not have that NOI reduced by loans at current rates in light of the current cap rates.Also, just FYI, we are in California and no way to get around that residency in time to reduce state taxes.

DSCR Loan with 75% cash out refi3.

I aim to begin with Fix & Flips to create immediate cash flow and then transition to STR/MTRs.

Is anyone seeing better cash flow in their markets?

After some back and forth the price came down but they offered us $1,400,000 cash and a quick close.

My 1st property will officially be a full rental rather than a house hack with some cash flow.