We have approximately $150k liquid cash ready to go and can likely gain more capital in a fairly quick manner. 

I would ask your PM company to continue with the eviction OR offer a cash for keys deal. 

What is the downside of using a commercial lender to purchase, my own cash to rehab, and then refinancing?  

Anyone having major success with only buying SFH and renting them out to tenants to make good cash flow each month and re-investing?

People offer to pay cash up front or rent for a longer term in hopes of avoiding any scrutiny.

Are you desperate for cash flow?

Makes no sense....When I was a GC, of course I got huge discounts, plus gifts and game tickets, etc...but we spent sometimes hundreds of thousands of $$ per year at these suppliers.

That means you need to bring another 40k to the table at the refi cause you'll have a bridge loan of 240k to payoff.Now you'll own a 320k house with 80k equity in it making 150 cash/month.You wanna look for better deal spreads. 

@Seo Hui Hanthat's just the BRRRR strategy, and using borrowed money for the buy.it's just about risk.low risk: buying with actual cash, from your own checking account. 

After a month I had both sides rented at $650.00 and it was cash flowing great.