Of course, it's a bad time for cash-out refi so HELOC is better now.

We would have a positive cash flow of 150-200$ after property taxes and property management fee.

Purchase price: $212,000 Cash invested: $25,000 3 bed 2.5 bath townhouse 1 mile from Augusta National (Masters Golf Tournament).

As a lender, we require flood insurance if the property is in a flood zone, which can eat into your cash flow if you want to hold the deal. 

Can I get cash via escrow(they pay advance) and buy coverage later on with $600?

Background context:I have a 805 credit score, low DTI and attempting to secure the lowest cash out refi to pay off a debt ($50k).

If the property is posted on a fsbo website & Zillow if I was to wholesale for more than what the asking price is on those sites will every cash buyer shoot me down when I shop it even though there’s still plenty of equity available for a fix & flip or to buy & hold or whatever other strategy they may want to use???

Generally they set up in a parking lot with a card table, there's almost always a line, pretty lucrative cash biz.

Quick close leveraging a 1st lien against OTHER real estate you on either a cash out refinance, or, if you have equity, you could potentially obtain a 2nd lien against cash flowing real estate usually capped to a max 75% CLTV (1st + 2nd liens can't exceed 75% LTV combined) (5-30 days)4.

I wanted to retain as much cash as possible, while still getting into my desired neighborhood How did you find this deal and how did you negotiate it?