Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

Buy a nice property- maybe even pay up a bit for a lower cap rate, and demonstrate to him the steady income you've begun to generate with your capital(and hopefully a lack of problems with tenants as well.)

Does he have steady employment?   

Also it is very hard for him to get loan because he doesn't show a steady income (all he does is fix and flip). 

This may be too slow of a strategy but at least for me, I'm going with slow and steady wins the race. 

Slow and steady wins the race.... be patient.

Some people want lower returns with steady cash flow.

I realize the slow and steady way is to pay off the mortgages and increase cashflow, but it seems like that will take forever. 

There’s more steady income in being an actual realtor, but there certainly wasn’t at the beginning.

There really isn't a secret to what I've done, much of it is spelling out to them why you're a great candidate (your clean, you have a steady job, you take care of the unit as if it's your own home, your a good neighbor, etc).