First time Investor Questions -Is it too late to start?

[Theresa Hansen]

1st time on the forum. 61 (my husband as well) years old and just starting out in the real estate investing arena. Truth be told, if I knew earlier what I am now learning I could have started earlier!! But all I can do now is move forward. I currently own a successful business with no plans to exit for at least 5 more years. My husband is a project manager with a local construction/renovation company. With that said, what is the best strategy for building wealth and creating cash flow with real estate in today's market? Buy & hold? Fix & Flip? BRRRR? Wholesaling? (not interested in house hacking). We have a good amount of equity in our current home, we have saved a good nest egg in standard investments (that we could tap into), and we do have $100k + in cash. Is it too late to really build wealth in a timely fashion so that we can enjoy our golden years eventually?

part two: best type of loan or place to acquire funds to start? HELOC? HML? PML? No money down? Sub2?

We have reached out to an investor realtor who was referred to us and who so far has been a wealth of knowledge. We will be talking loan/money strategy today as well, but would love to hear from all of you.

everyone's input is greatly appreciated!