Time is a valuable resource and "spending" it everywhere at once isn't worth the effort.

What is best for a newbie with little cash on hand?

You can test this, by asking some to SHOW you how they calculate ROI, Cap Rates, Cash-on-Cash, etc., for their clients.Many will say, "that's the investor's problem".They are correct because an investor should NOT rely anyone else to run their numbers.So, then what exactly makes them investor-friendly?

Purchase price: $165,000 Cash invested: $35,000 That's right.

Purchase price: $289,000 Cash invested: $50,000Live in/flip then LTR

The problem is mainly a concern for people with a net worth or reasonable income. 

If you know where to look and have the right time, you can find properties that cash flow.

.- at year 7 if value appreciated a lot, can i do a HELOC on it and use that HELOC to pay off the balloon - probably not due to lien being secondary etc on helocYes on the HELOC, but it would probably be easier just to refi and pay off the seller, and cash out more money too.Hope that helps and good luck!

Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.

We would like to create a partnership where we are 50/50 partners and he brings the cash and I bring the experience, knowledge, and contacts ect.