Inherently the steps are the same as if you were purchasing with financing save potentially less closing costs and ability to close sooner (if needed).The terms of your offer (ie -contingencies, closing cost splits etc) will determine what is different. 

If you have a few single family rental homes and are looking for a way to streamline leases, applications and rents, maybe rentredi is the right solution, but if you have a multi unit property or any serious management needs, look elsewhere. 

Consider an installment sale if financing is an issue.This post does not create a CPA-Client relationship.

That could make financing the rehab a little smoother.3.FHA 203(k): If the rehab costs and scope fit within the FHA guidelines, refinancing into a 203(k) loan could work.

In a rapidly-rising interest rate environment (such as we've recently experienced) that tradeoff may or may not pay off.Unfortunately, in CRE finance there is no perfect financing vehicle and you can't eliminate risk--you must choose which risk you want.

Start by networking with local investors, identifying target neighborhoods, running numbers on potential deals, and lining up financing so you're ready to act when the right opportunity comes up!

I used to be in finance and they'd have scripts for interactions like that as newbies but I would say just try to be yourself.

Don't be so quick to indebt your paid off townhome until your learn creative financing and review all your options.

How did you finance this deal?

It's a love hate for sure lol.I host a monthly meetup focusing on finance and real estate investing.