Best strategy for beginners to get into flipping/ renting with little cash

[Andrew Lopez]

Hey everyone! My name is Andrew and I’m located in the Valparaiso, IN (Northwest Indiana) area. I have been very interested for years now in real estate. Particularly buying properties to rent out for additional cash flow but also flipping properties. I just recently bought my first house so cash is kind of tight but I want to add sources of cash flow more than ever now that I have a mortgage. What is the best strategy to use? Are there better properties to look into for instance an apartment over a house? What are the best ways to finance said property? Are there very loans I would have to use? Do I have to have a down payment and if so how much? With it being purchased as a property specifically for renting and or flipping would my income come into question on the financing side of things? Thank you for reading and for answering my questions!