Typically the terms will be 5/5 arm mortgages on them vs 30yr fixed on a warrantable mortgage.

I'm not sure how fast you want to scale, but I see that as a feasible alternative if you don't want to go through the process of either BRRRing or the fix and flip. 

We are planning to finance with a second mortgage and will use the property on occasion but would also like to generate an income and/or offset the mortgage.

-buy OOS duplex and live in one and fix it to rent Airbnb, while the other unit is being rented out.

Currently, I'm working on my fix-and-flip project, diving into renovation and value-building with excitement and dedication.

Investment Info:Single-family residence fix & flip investment.

My other two will need a healthy $50k-$100k in fixes which isn't an issue but getting someone out there is.

They would not be able to add to the portfolio as they go, though.With lower leverage in the 50% LTV range, they could expect to be in the 6.45% range on a 30-year fixed today.

There are stated or no income 2nd mortgage loans but typically these are fixed term and fixed payment type second mortgages meaning the interest rate usually doesnt fluctuate like a HELOC or home equity line of credit would fluctuate (prime + margin = annual rate calculated based on a monthly basis). 

Get preapproved for a Hard Money Loan to fix and flip.