Looking for 1000$/month cashflow properties & creative financing

[Vivan Bhalla]

Hi everyone,

So 6 months ago I had close to 100,000$ saved including my 401K for real estate purchase. Out of this, close to 40000$ was cash and crypto. Over the past 2 months, my financial life became quite bad and I lost almost all of this cash. I still have 15,000$ but all of that is stuck in crypto which I may never get back. Fortunately I still kept investing in 401K and saved upto 70,000$ in it. 

I feel lucky that I got my life back on track and starting saving a lot again. However, it made me realize that I was so vulnerable depending on a job and it is something that I want to change aggressively over the past year or two. I decided my per month cashflow number which will be enough for me to leave a job.

My monthly cashflow number is 6000$ out of which 1000$ I achieved by investing in a rental arbitrage property. I now have to make 5000$ using real estate. I am looking for markets where I can make close to 1000$/month in cashflow and still be in budget. I know a lot of people use creative financing and buy properties with no or very less money down.

If there are people here who can help me out reach this goal by guiding me, it will be a huge favor. 

Thanks