Brrrr strategy or flip?

[Aidan Fox]

I have a family friend who I’ve know for years who’s planning on listing their house on the market to sell within the next month. I am a 20 year old investor who has surrounded myself around real estate knowledge for the last two years and am ready to do my first deal. I have been working full time and saving everything for awhile now and have a good bit of capital and good credit score for 20 years old. I told them I want to buy the house but don’t know what lending strategies I should use or investment strategy. I would prefer owning it long term and use the brrrr strategy or should I just do a traditional rehab and flip. This house will sell and I do not want to miss my opportunity, what are your guys thoughts?