However, there is a workaround with a creative rental model.

Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?

Not sure if it was mentioned here already, but another creative alternative is to purchase a SFH that has a casita. 

I would love to know whether it is possible to apply the BRRRRR method there or other creative financing over there as a foreigners.

Have you found any creative ways to access capital quickly without jumping through endless hoops?

I’m focused on multi-family and creative financing deals in VA.

Even in high-cost markets, creative financing or partnering with experienced investors could help you get in the game.

Motel's being converted into LTRs can be a creative way to improve vacancy and cash-flow overall. 

I am looking at 1 acre of land with a well and a septic already installed.  The lot is cleared and pretty much buildable.  The market is in the Berkshires in MA between Great Barrington and Catamount ski area.  I want...

I'm kind of conservative for this crowd but there may be value in taking the time to save up a down payment if a HELOC won't give you enough and you can't find creative financing on a multifamily.