But based on him saying that the loan is "being paid off every month by my buyer" it seems that we're dealing with A, subject-to.We need clarity, Anirudh.  

This approach would allow me to learn with each deal and minimize initial risks.2️⃣ Go Straight to Multifamily: Instead of starting with SFHs, I could spend time learning the multifamily business and go directly for a 20+ unit building, maximizing scalability from the start.I have no experience with either strategy.If you were in my position, which strategy would you choose and why?

What would be my best approach, I assume find a private lender and work out some deal with them.

The truth is, fix-and-flip investing is an incredibly rewarding endeavor, but fully lined up with pitfalls that can easily turn your dream deal into a financial disaster.So, let's break it down:The Good: Why Fix and Flip Can be a GoldmineHigh Profit Potential: If done correctly, flipping can yield 20-50% returns-or more-in a few months.

Considering your situation, I would try to find deals on Facebook, saved zillow/realtor search notifications, etc.

If your business is worth significantly more than what you owe on it, you may be able to borrow against that equity to fund your first deal—rather than walking away from a potentially appreciating asset.Some investors take this route, keeping ownership of their business while using its value to qualify for financing or attract a capital partner.

Are you referring to small multifamily deals or commercial properties with five or more units?

Was that deal a multifamily too?

We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.

It's a super affordable real estate market where you can still find deals that hit the 1% rule anywhere from $120-180k purchase price.