If the deal is good enough and you are confident about the profit potential, you can always use credit cards as a short term cash source as well.I'm also relatively new to this, but have recently jumped into the game.

So are you open to other sources of data on properties?

I’ve already sold 15 this year, so my second year will def be better than my first (not to mention the 3 1mm+ I already sold this year with another listing coming in august) Most of my leads come from outside sources with SOI only comprising about 20%, but I think your advice regarding that is well intended!

Did you get an actual quote or you took the numbers from an online source?

Hello,My question is how to decide which source of funds to use for which part of the investing process.

Looking out for suggestions @Kaushik SarkarIf the equity in your properties is your only source for new investing, and the new property you are buying still cash-flow's with the cost of your borrowed money (from your properties), there is no reason to not use it as an investment vehicle.  

Why go through all the trouble of sourcing and leasing up rental property only to have your acquisitions be temporary leases and lose out on all appreciation the property experiences while you're operating it. 

So, we obtaina full credit report and review collections, chargeoffs, age of credit accounts, active accounts, etc.to build an overall credit evaluation.FICO ScorePct of PopulationDefault Probability800 or more13.00%1.00%750-79927.00%1.00%700-74918.00%4.40%650-69915.00%8.90%600-64912.00%15.80%550-5998.00%22.50%500-5495.00%28.40%Less than 4992.00%41.00%Source: Fair Isaac CompanyPublic RecordsWe also obtain data from national databases about evictions, convictions and sex-offender histories.

Me and other partners handle everything from sourcing, managing rehab and sale.

The more efficient solution might be to purchase from Grandma with the 25% down..you ca use the income to help qualify and obtain gift funds or other sources for the down payment.