Your life doesn't have to be (either/or) but can be a nice balance in the middle.A lot of people here are saying just do it etc.We do not know your personal situation.

according to United Van Lines:Biggest inbound states:ORSCNCVTFLNVTXDCOKIDBiggest Outbound states:NJNYILNDOHKSNMPACTMost balanced states with same in as out bound:RINHWYTNCAWAH0w does that affect your real estate investing?

Since the cash would be invested they would be in a better position to refinance later on or pay off the loan, most would be tapping into principal to live on but they would have the cash balances on hand for a longer term.

In Houston, which has a growing population, I don't believe you can ever find balance, usually the pendulum will swing way, then the other way.  

We have had a few deals come through that look like good deals, but either can't get the seller to answer/return our calls, the seller is a no show or cancels appointments to meet us at the house, or we have found out after an appointment that the seller has liens that he/she failed to mention that put their owe balance way above our MAO. 

For me personally I think you need to balance it,,, not everyone can buy in SF bay Area or prime Socal..

Essentially, if no new properties were listed, how long would it take to work off existing inventory. 6 months would be balanced.

For example our most recent tenant was able to give us the deposit and first week’s rent up front and then she was going to stagger the balance the remaining three weeks this month.  

Most hard money will be interest only payments on the full approved balance of the loan whether or not if you have pull the draw funds for repairs.If you have any other questions, post them below so that we can all learn from the answers.

Use the website to submit draw requests, a third-party inspector will visit the site and write a quick report, funds equal to the percentage of work done will be wired to your account (this typically takes a total of 3 – 4 business days from the request to the wire).10)Close on your property (sale/refinance) and payoff the outstanding balance on your loan.