We have tried brainstorming everything from purchasing the Phoenix home and keeping the mortgage as is in Washington (essentially a family estate), renting it out and using that cash flow to pay for the Phoenix house and trying to break even that way.Thank you for reading this and taking the time out of everyone's day. 

Purchase price: $200,000 Cash invested: $60,000 Primary Residence turned 1st rental property!

But nothing that is going to impact the cash flow on your deal.

I get that it's fast and easy, all it costs is some cash.

So on those ones my returns & cash flow are way higher than anticipated! 

@Michael Smythe He hasn’t used BP cost calculators but does provide rough numbers to help determine whether the property will cover the mortgage and even potentially cash flow.

Are there private money lenders who do cash out refinancing deals as an alternative?

Buy or inherit and hold for a long time, then cash out and redeploy equity into potentially higher cash flowing properties or other investments.2.

Purchase price: $105,000 Cash invested: $39,000 I own two 2/1 Duplexes.

But at the end of the day, it will not cash flow.