BRRR with 200-300k. Need advice

[Patrick Shep]

I'm in need of some strategy. I'll soon be getting a HELOC (150-190k) and can also take out a 50k loan from my 401k and around and 50k+ cash. I want to scale with concentrating on cash flow.

What kind of deals should I be looking at to go after? I was thinking about using it for undervalued houses (under 200k) 70% or less on ARV with no to light rehabs and refinance to get my cash back or should I thinking bigger leveraging HML to maximize my return? I would not want to leave any of my money from a the HELOC or 401k loan for more than 6 months, so I can rinse and repeat.