The second scenario would be if you didn't have enough capital to invest in real estate the traditional way and wanted to start to build a portfolio.

Probably not much better time to try out the rental game and if it doesn’t work well, or we don’t like it we can still sell and keep the capital gains exemption.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

And when it comes to financing and capital, it's not constrained by domestic borders.

He's selling the house because he needs the capital to do a new build.I forgot to mention its a 3 bdr/1 bath.

Also, the owner expressed concerns over the capital gains tax early in the discussion...so I am thinking the opportunity to do vendor financing will help me get a good purchase price and help the vendor with taxes.  

In regards to capital I have options: FHA, private lender, tradiational, and I'm moderately liquid.

If you’re concerned about paying personal capital gains tax, remember that flipping the property means you’ll take the profit all at once, while with BRRRR, you can defer some taxes and have the property generating income.So, here’s what I’d do in your shoes:If you can make a decent profit flipping and then use that cash to roll into your next investment, you might be better off taking the cash, at least for the first project.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

As a rookie I’m learning right now and saving but eventually I’d like to take action like Dave Meyer’s Start with Strategy, the three resources needed to start is Capital, Time , and Skill.