This is the time when creative finance comes in, networks are invaluable and creative use/exit strategies are imperative.

My clients with $200k-$250k cash are able to get much, much higher ROI on real estate investing than what you're considering through some creative methods. 

We haven’t pursued that a great deal but we’re open to all creative ways to structure the deals, so keep’m comin. :) If you have insights regarding best practices for offering and/or structuring the equity idea over seller financing, I’d love to connect and chat about it.

I agree that finding CF is next to impossible in MN, but if you work hard to find the right deal and you get creative on your execution it can be done.

Purchased creatively ( sub too) Rehab (Credit card zero interest)What was the outcome?

Private equity seems to be a creative way to have a lender for me.

I will have a chance to exercise my creative deal-making muscles early that will hopefully serve me well in the future.  

When that happens sometimes you can figure out creative ways to make them work that others don’t see.

With that said, the design in Orlando is going to be much more theme park centric while Tampa allows you to be a lot more creative.

Key Principles:Mindset and Goals:Think Long-Term: Real estate is a long term play in most cases Set Clear Goals: Define your financial goals and how real estate fits into your overall plan.Finding the Right Property:Location, Location, Location: Invest in areas with strong economic fundamentals, good schools, and low crime rates.Cash Flow is King: Look for properties that generate positive cash flow (rental income exceeds expenses).Consider Appreciation: While cash flow is primary, also consider properties in areas with potential for long-term appreciation.Financing:Get Pre-Approved: Get pre-approved for a mortgage before you start looking at properties.Leverage Wisely: Use leverage (debt) to your advantage, but don't overextend yourself.Consider Creative Financing: Explore options like seller financing or partnerships.Building Your Team:Real Estate Agent: Find an experienced agent who specializes in investment properties.Property Manager: Consider hiring a property manager to handle day-to-day operations.Accountant: An accountant can help you with tax planning and financial management.Attorney: Consult an attorney for legal advice and contract reviews.Managing Your Investment:Maintain the Property: Keep your property in good condition to attract and retain quality tenants.Screen Tenants Carefully: Conduct thorough background checks on potential tenants.Review Your Finances Regularly: Track your income and expenses and make adjustments as needed.Example Action Steps:Set Your Goals: Define your financial goals and how real estate will help you achieve them.Educate Yourself: Read books and articles about real estate investing.