We set the purchase price at about 10% higher than todays value and we don't have to pay for realtor fees or closing costs when we go to sell the property.

I am trying to get a hard money loan to start with the BRRR method.

While the borrowing costs are higher, I’m exploring strategies where the returns could offset this.

Those holding cost will certainly add up over time and kill any cash flow.

Is the only way to pay for a Reno for my childhood home to sell my current home or is there a method I'm not familiar with that I can use my current homes value to help me out??

Quote from @Tony Schmucker: Quote from @Wale Lawal: @Tony SchmuckerFrom my experience of working with over 400 investors, your strategy to relocate, house hack, and transition properties to management is a strong, methodical approach.

Under this method each investor has ownership and voting rights.

If raising all cash would be my primary method for funding these apartment deals, what would be your guys contingency in order from most preferred to least preferred. 

My cost they said i could do $2,000 up front and then next couple months more payments with cold calling they offer and fee would be $9,800 plus the cold callers Virtual assisant that would be working with me.

Another great option is the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), where you buy a fixer-upper, renovate it, rent it out, and refinance to pull your cash back for the next deal, and this is a good route because most private lenders can go higher LTV than on a rental loan!