Typically credited it as cash required to close as long as appraisal comes in clean. you would still need rehab funds or get financing on those:I would be concerned about refinance as the ltv when renovation is complete is very high and DSCR typically on refinance  may not go as high as you need

The only exception to this would be if you had a line scoped and it showed areas of concern, and perhaps a high likelihood of failure in the next 5 years..... 

What’s been working for me and my circle lately:Seller financing: solve the seller’s problem first; short-term interest-only with a balloon after value-add keeps cash flow strong.Sub-to/wraps: take over low-rate loans and keep the seller whole—huge when DSCR is tight.Hybrid: small seller carry + private second to cut cash in, then refi into DSCR once stable.Private money: secure with note + mortgage/deed, pay on milestones, send updates—consistency = repeat capital.HELOC/LOC stack: close fast, cover rehab, then refi—speed wins deals.Lease-option: control now, improve, then exercise once financing improves.

Explore the data yourselfNeed visuals or deeper cuts (ZIP‑code, bedroom splits, etc.)?

This concerns me because now the ARV could be $260K range.

We saw the same thing happen last year right before the FED cut in September.

With a tax deed, on the other hand, the main concern is municipal liens since mortgages are usually wiped out.

Do you think some investors cut deals too early that could’ve been winners with creativity?

Hey Sara, Hiring cold callers or specifically forming your team is not an easy and fast process.but it saves you a lot of effort and cuts time. 

If you're using HELOC funds for a down payment on a new property, underwriters might require you to qualify based on payments for BOTH the new mortgage AND the full HELOC payment, even if you plan to pay off the HELOC soonIn my opinion, neither of these concerns are things that will not be sorted out by the title company and/or the loan originator.Greg, If you read Tony's question he was asking for "Anything" that may not be common to a new investor that could arise or be a pitfall.