They are hard to find, but they do exist.

I am new to the real estate world, but I am not new to hard work and making things happen.

then rent out each room where possible3) Buy an apartment with little to no HOA (hard), and rent out by room to save up more to make the next step.

I find it hard to believe that leaving the lights on would amount to $250. 

(Side note:  I'm not happy that I know any of this...hard earned lessons of real estate investing). 

I had no money to put down on any properties, so I learned (a lot) and put in a lot of hard work and effort to get some properties under contract.Initially, I had no clue what I was doing, but I had the help of some people (and I appreciated that)I made mistakes that cost me around $30k (lost a deal due to my ignorance regarding title and escrow)The good news with wholesaling is that it doesn't take a lot of capital upfront, and you can start talking to sellers and learn about the industry in general.The other good news is that you can without a doubt generate revenue quickly if you do things correctly (having a good TC / title / escrow connection that keeps deals moving on the backend)That said, there are a few points that I've come to live by:1.

Let's hope your house doesn’t end up the same as that one did this Xmas and that Die Hard isn’t your Xmas template either.

And of course, these would be hard to answer in a public forum.  

If it’s going to be more than the one day loan we actually structure it the same as a regular hard money loan.if it’s a true double close, process is super simple.

Purchased for $139,999 using a mix of cash and hard money, we revamped it with modern updates, including a new kitchen, flooring, and fresh paint.The property rented for three years, generating steady cash flow of $450/month.