Ok maybe.You will still have to pay to demo the damaged property and that can run from $15k to $40k or more depending on where you live so you may not have much left of your initial investment to buy that next property.And if you financed it - the bank is going to take the majority of the insurance settlement to settle the loan and you will own free and clear a fire damaged house that the city will eventually start making demands for you to repair or demolish.This is why the majority of lenders require you to carry full replacement cost coverage.

Also ask to see a screenshot of their bank accounts to make sure they indeed are "loaded." 

Or do certain apps only transfer to specific banks?

That's 12 percent to note buyer with the prepaid payments in your right hand pocket national bank.

I had to pay cash for the last three properties because most banks just won’t even talk to me when they hear I don’t live in the U.S.

I'm just getting started, and I'll need to open a business account with a bank.

Now while she is overseas, she has partnered with me on a rental in my area, so she is getting better returns than putting it in a bank for very little return. 

So here's what I got; I owe $107,000 on my home, on the assessors website it shows a value of $144,000, I've talked to several banks to get rates on a HELOC and I found one bank that will do 85% LTV which comes up to about $15,000 for a HELOC.

Keep in mind he wants owner financing because he can not qualify for bank financing...very high risk.

Once it's rehabbed most banks will require you to own it for 6 months or a year before they do the refinance.