@Pedro MartinsAgree with @Dmitriy Fomichenko and @George Blower - don't. 

I currently have 1 property under my belt and hoping to build from that. 

@Paul PassafiumeI agree with @George Blower this is a popular investment through a self-directed IRA.

Does it take a few traditional financing ones under your belt before this is even an option?

After all, this is only the third book under my belt. 

I’m assuming that would make a portfolio loan from a local bank the next best option.My question is: Would they have a commercial loan product available to a new investor with only one property or would they only want to talk if you already have a few properties under your belt.

It is your first flip I would 100% get an inspection doneAs for the future when you have a few under your belt I find it really makes a statement when you offer cash and the earnest money is the entire price of your offer with no contingencies Of course being the buyer you put in contract you get to name the title company to hold the earnest money.

I have discovered a real passion for finding deals and creative finance options.This summer, I am going to research some areas of the rust-belt looking for buy and hold opportunities -- looking forward to that. 

The whole Midwest is not a dying rust belt town.

As this could be a great tool to add to my belt that would help us get on our road to financial freedom faster.