There are tons of loans out there that use just the projected or actual income from a property vs the payment of the property (DSCR loans). 

Go to your town clerk, and look up all the information on the loans on the owner and the property.  

You would still save more money 9 out of 10 times living with your parents but being able to leverage a low down payment loan will allow you to get a very high ROI on relatively safe investment. 

Hard money loans will almost certainly not cover 100% of the property’s purchase price and will require a chunky amount down (eg 20-30%) from you.

I would recommend reaching out to @Denver McClure as he may be able to help with a non-conventional loan

Consider starting with a few lower-cost flips with a smaller loan-to-value ratio to reduce financial strain.Market Research: Sacramento can be volatile, so I’d recommend keeping a pulse on local trends—particularly in the neighborhoods that have potential for growth but haven’t quite hit their peak yet.

This doesn’t include any raises or bonuses.No kids yet, but we plan to have them down the line.Both of our credit scores are over 800, and we have no debt.The plan:I know sellers don’t always love FHA loans, and they can be tough to get approved for, but I’d like to use one to make this work.

Like I see how it could work in a perfect world but i cant wrap my head around the idea that I could be making a profit if I still don't actually own the house and still have to pay down all of the loans.

Especially those big deals with loads of equity and loans, they can take forever to close.

There you will be asked your criteria and then after answering a few questions you will be matched with 3-5 agents or loan officers in your area.