The key to both of these strategies is cash and/or creativity.

Have you personally used creative financing for any of your fix and flip projects?

If it’s strictly an investment, you may need to consider conventional loans or other creative financing options.Cash Flow Analysis: Do a thorough analysis to ensure that the rental income will at least cover your mortgage, property taxes, maintenance, and vacancy periods.

If so what's the best way to structure or creative ways to structure if purchasing multiple homes?

Similar to real estate, pricing has been on the high side so its finding ways to be creative and finding distressed sellers who are cash poor that need to get rid of product.

We as investors need to be creative in the market right now and maybe doing something we necessarily don't want to do will still set us up for success in the future. 

Read more about creative financing and things like syndication, JV, seller financing etc.

I didn't phase that correctly and should have put an emphasis on "Traditional Sale".I am willing to sell but want to do it "creatively" - if you will - to generate funds and positive cash flow from the note I would hold against the property.

I was a commercial real estate broker at the time and we were getting all these offers based on “creative” financing; whereby the seller ended up receiving a dubious note instead of cash for his equity.  

Do not want to put anymore capital such as a $140k cost of foundation further putting us in the red so considering selling this money pit as is or holding on for creative ways to make this house profitable.