The house was $200,000, negotiated down to $190,000 with a $10,000 EM.Our funding letter states cash deal, up to $300,000 to be considered cash deal, no appraisal necessary (if you want to see a copy, will be more than happy to share so you know I'm not lying.)Closing was for 15 days because it was a cash deal.

It's an amazing market to be in because you can still find the 1% rule and positive cash flow while getting amazing appreciation potential.

You simply sell the real estate and do something else with the cash. 

Own adjacent is one thing, but paying cash is risky.You need to have strong cash flow first to be able to support a venture like this $1-200k purely speculative.

They will promise upgraded furniture or extras to keep your money. 

Cash flow is a math problem. 

If you are buying loans then its more complex as you have discounts involved, monthly cash flows, outflows (like servicing costs) and unknown exit dates.

So, there's more than one way to create more cash flow than refinancing:-). 

Likely the reason it cash flows on paper is due to a very large construction component that you might be underestimating.

Investors get stuck and cannot cash out because of tax complications.